(Pocket-lint) - Samsung will hold an event in early April where we'll get a better look at the Galaxy Fold

The $1,980 phone is set to be released later that month - 26 April to be exact - although it's pretty clear that quantities will be restricted at launch and that Samsung is aiming the phone at a far smaller market than other Galaxy devices. 

Samsung UK's product director Kate Beaumont told respected journalist Tom Warren from The Verge that there would be a "full press event" for the foldable device which is set to be a niche product at best. Beaumont also said rather obviously that "we'll have less supply than we would of the S10" at launch.

The comparison between the Galaxy Fold and Huawei's even more expensive Mate X is hotting up - foldable phones are set to be a niche product during 2019, but what about 2020? Could this really be the way some smartphones are heading? After all, if someone can launch a $1,000 version next year it could open the floodgates.

There are also big questions around the durability of handsets like the Galaxy Fold and Mate X, too - can the screen really be folded and unfolded thousands of times without wear? 

Whatever the future for foldable phones, it's great to see some innovation in what has been a rather staid smartphone market for the last couple of years, notches and facial recognition aside. 

Samsung is also talking about the Galaxy Fold as an upmarket, fashion-first device. “We want to make sure it has a concierge-like service and experience, so it’s not going to be on display in all stores. There will be quite intensive aftercare that goes with it as well.” 

Writing by Dan Grabham.