For foldable phones to gain traction, they need to come down from their current $1,500-$2,000 price point. However, the rumored LG Rollable may be headed in a different direction.

According to a tweet from @coxyplanes, a relative newcomer to the rumor world, the LG Rollable will be priced around $2,359. Incidentally, this is $350 more than the Galaxy Z Fold 2, which is currently $1,999.

The Galaxy Z Fold 3 is expected to launch and will probably be priced about the same, but there is a reason why LG's rumored phone commands such a high premium. As the name implies, the LG Rollable would not be a foldable phone, but rather one with a screen that rolls out to extend the working area.

That means there would be no hinges like there are on Samsung and Motorola's current foldable phones, but it may also prove more costly to design.

In a tweet from LG Rollable, @cozyplanes also noted that the 7.4-inch rollable display with 2428 x 1080 resolution for phone mode, 2428 x 1366 resolution for video, productivity The device is said to have 16GB of RAM, a Qualcomm Snapdragon 888 processor, a 4,200mAh battery, and a 7.4-inch rollable display with 2428 x 1600 resolution for video, and what is called a productivity mode. is said to be on board.

But when will we be able to get our hands on this little marvel? The leaker suggests that the phone could be officially unveiled in March, but it could also be delayed to June.

News of LG's rollable phone plans leaked at the same time that Samsung is talking about its own approach to folding. Last week, Samsung Electronics President TM Roh announced the company's plans to launch multiple foldable devices within the next year, making the foldable "more accessible." The LTE version of the Samsung Galaxy Z Flip is one of the cheaper foldable devices you can get, and since it still costs $1,380, we take that to mean "more affordable."

At least for the LG Rollable, LG's price seems to be heading in the opposite direction. But that may be because this is a very different type of foldable device than what we have already seen.