Samsung to Stop Selling $2,899 TriFold Phone After Three Months

Samsung Electronics Co. is winding down sales of its Galaxy Z TriFold smartphone after roughly three months on the market, suggesting the $2,899 device was always intended as more of a technological showcase than a cornerstone of the company’s mobile lineup.

The Korean company will begin by halting sales in its home market, then discontinue business in the US once it clears remaining inventory, a company spokesperson said. The move had been anticipated: this month, Samsung’s website stopped teasing future restocks of the bleeding-edge foldable, which has two hinges and unfurls into a large 10-inch tablet. It now simply says the TriFold is “sold out.”