Samsung is reportedly planning to release a cheaper, more affordable foldable smartphone by next year. However, the latest update on this development suggests that these new foldables may be priced at half the regular price compared to current offerings. According to a report by Revegnus on Twitter, Samsung’s upcoming smartphones could be launched at prices that are 50 percent more affordable than the current Galaxy Z Flip and Galaxy Z Fold models.
The new foldable smartphones are expected to range from $400 – $500, which is a significant drop in price compared to the existing models. It remains unclear what these new smartphones will be called, but it is anticipated that they will offer a mid-range experience at a more affordable price.
The move to introduce cheaper foldables by Samsung comes at a time when foldable smartphones are still considered niche in the consumer tech industry. Companies like Xiaomi, OnePlus, Oppo, and Google, among others, are also exploring this market with their own foldable devices.
The news of Samsung’s planned price drop for its future foldable smartphones has caused quite a stir, as it is expected to make the technology more accessible to a broader range of consumers. However, this remains a speculative development for now and will likely not materialize until late 2024.
With the market for foldable smartphones growing rapidly, Samsung’s move to launch more affordable models could potentially shake up the industry. And with other big names also entering the foldable smartphone market, it will be interesting to see how Samsung’s new strategy will play out.
As we eagerly anticipate the arrival of cheaper Samsung foldables in 2024, the consumer tech industry is on the brink of a potential revolution in smartphone design and technology.
I have over 10 years of experience in the cryptocurrency industry and I have been on the list of the top authors on LinkedIn for the past 5 years. I have a wealth of knowledge to share with my readers, and my goal is to help them navigate the ever-changing world of cryptocurrencies.
