Samsung has been working on an affordable foldable phone for some time. Finally, the potential price tag of the device has become clear.
Samsung, which holds a significant market share in the foldable phone industry with the Galaxy Fold and Z Flip series, is preparing to appeal to the general user by lowering the cost. In this context, the company is working hard on a model that can be considered affordable compared to other models. In fact, the first information about the device was shared earlier this month. Finally, the potential price tag of the model was revealed.
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Samsung is working on a budget-friendly foldable phone
Foldable phones are expensive not only for Samsung but for the market in general. Because the cost of foldable screens is much higher compared to normal panels. For this reason, when a device with this concept hits the market, it usually has a price tag of over $ 1,000.
Samsung’s first generation Galaxy Fold model went on sale for $1,980. The third generation Galaxy Fold 3, which was introduced last year, is available with price tags starting from $ 1,799. On the other hand, the first generation Galaxy Z Flip is sold for 1,379 dollars and the third generation for 999 dollars. In fact, there is a significant decrease in price here as well.
Despite all this, foldable phones still do not appeal to the general user. However, this seems to change drastically soon. Samsung is working on an entry-level and budget-friendly foldable phone.
According to ETNews, which stands out with its leaks in the industry, the foldable phone will adopt a price tag in the $800 range. According to past reports, the company will not seek any adventures with the design of the model. It is highly likely to come here with a similar look to the Galaxy Fold and Z Flip series. As for the release date, it is pointed to 2024 at the earliest.
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