Samsung Electronics will offer cash rewards of a million won to 10,000 Galaxy Fold owners who return their device and buy a Galaxy Z Fold 2, the company said.
The company will take applications for the program from September 10 to September 11. The Galaxy Z Fold 2 costs 2.398 million won in South Korea.
The first 10,000 Fold owners who apply will be eligible for the program. They will get their cash reward seven days after they return their device.
The program will cost Samsung 10 billion won.