Samsung is reportedly planning to launch the Galaxy Fold successor later this year with an "Under Display Camera." It looks like device carries the codename Project Champ and will have the same form factor as the original Fold. Samsung has been working on under-screen camera technology for a few years now and it has seemingly developed it enough to put it into the hands of consumers.
Apart from Samsung, Oppo and other Chinese OEMs are also working on under-screen camera technology. Oppo had even previewed a device with an under-screen camera at MWC 2019.
As per Ross Young, founder of Display Supply Chain Consultants, the Galaxy Fold 2 will also feature the same ultra thin glass on top of the folding display as the Galaxy Z Flip. The display size when unfolded will also increase to 7.7-inches on the Galaxy Fold 2. The ultra thin glass might not do much protecting the flexible display from scratches as a recent durability test on the Galaxy Z Flip has shown.
Ultra-thin glass (UTG) from Schott is their best hope then. First on Galaxy Z Flip. Then on Galaxy Fold 2 which is now known as Project Champ and should come mid-year. It will fold out to 7.7” but will be quite a bit more expensive than the more portable clamshells...— Ross Young (@DSCCRoss) January 29, 2020
As should be expected, the Galaxy Fold 2 won't be cheap as the Galaxy Z Flip or the Motorola Razr, and may carry a price tag of around $2,000 just like its predecessor. The higher price tag means the device should come with faster internals and 5G connectivity which the Galaxy Z Flip misses out on. The foldable device will reportedly launch in July presumably alongside the Galaxy Note20 series.