Andrew Liszewski is a senior reporter who’s been covering and reviewing the latest gadgets and tech since 2006, but has loved all things electronic since he was a kid.

Folding OLED displays are still most commonly found on premium smartphones and laptops, but One-Netbook is bringing the tech to a new gaming device. Its new OneXSugar Wallet is reminiscent of the company’s folding OneXSugar Sugar 1 handheld that launched earlier this year. But instead of two screens, the Wallet handheld unfolds to reveal just one big 8.01-inch OLED screen with a 4:3 aspect ratio, as spotted by Retro Handhelds.

The OneXSugar Wallet was announced on China’s Weibo yesterday, but with few details about its features and capabilities. That folding OLED screen has a resolution of 2,480x1,860 pixels, and the handheld will be powered by an unspecified “Qualcomm gaming platform flagship processor,” but its performance and emulation capabilities are unknown.

Based on photos and a video released by One-Netbook, the OneXSugar Wallet will feature a standard set of controls including asymmetrical thumbsticks, four action buttons, and a D-pad situated on either side of the lower half of its display. There are also shoulder buttons and triggers on the back of the handheld, and a pair of front-facing speakers flanking the top half of the screen. The biggest question is how much will the handheld cost?. There are already $1,000 handheld consoles, but folding screen devices like the Google Pixel 10 Pro Fold and Samsung Galaxy Z Fold 7 are priced closer to $2,000. Will gamers embrace the OneXSugar Wallet if it’s similarly expensive? Maybe it’s called the Wallet for a reason.

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• Andrew Liszewski