The arrival of the Galaxy Z Flip 2 will not happen until next year, quite probably. The original Galaxy Z Flip was announced back in February this year, along with the Galaxy S20 series.
Several Galaxy Z Flip 2 design being considered, phone probably coming in Q1 2021
That probably means that the Galaxy Z Flip 2 will follow with the Galaxy S21 / S30 in Q1 2021. It is possible that Samsung may change its release cycle, but it's not probable.
At the moment, Samsung is launching its foldable devices alongside its regular flagship smartphones. The Galaxy Fold 2 is rumored to launch in August, along with the Galaxy S20 series.
We don't have any information regarding the Galaxy Z Flip 2 at the moment, other than Samsung is working on various designs for it. The company obviously did not settle on a single design just yet.
Chances are the Galaxy Z Flip 2 will be a phone that folds, not a tablet that folds. That is reserved for the Galaxy Fold series, and Samsung obviously wants us to differentiate between the two.
The original Galaxy Z Flip 2 is a clamshell-style smartphone, and it was well-received by the industry. It's a really expensive phone, and definitely not for everyone, but it gives us a glimpse of what's to come in the future.
The Galaxy Z Flip did offer several improvements over the Galaxy Fold. It came with a much more appealing design, and UTG (Ultra Thin Glass) on its display. There was still a plastic layer on top of that glass, though, so that display is easily scratchable as well.
The Galaxy Z Flip also includes a small display on the outside, which is not that useful, as it's really tiny. Still, it does give you some information without the need to open up the device.
The device will probably include a larger display on the outside
The Galaxy Z Flip 2 may include a larger display on the outside, similar to the one that Motorola Razr has to offer, at least in terms of size. Such a display would be way more useful, and it wouldn't require you to open up the device as often.
We're expecting more Galaxy Z Flip 2 information to surface in the coming weeks / months. Samsung is expected to settle on one design in the near future, as companies usually decide such things way before a device launches.
Samsung is probably way more focused towards the Galaxy Fold 2, though. That device will be a lot more appealing than its predecessor, and it's even rumored to be a bit more affordable.