Samsung secretly working on second foldable phone, will unveil it next year

Samsung Electronics Co. is preparing to unveil its second foldable device early next year, a luxury phone that folds down into a compact-sized square.

The South Korean smartphone giant is working on a device with a 6.7-inch inner display that shrinks to a pocketable square when it’s folded inward like a clamshell, according to people familiar with the product’s development. Samsung is seeking to make its second bendable smartphone more affordable and thinner than this year’s Galaxy Fold, they said. The launch of the successor device may, however, hinge on how well the Fold performs after its imminent launch, one of