Apparently, Samsung is making a foldable phone for less than $800
Foldable smartphones have come a long way in a very short time; But their very high price has made them not to be welcomed by users. However, according to a new report, Samsung is trying to Next year, it will release a folding smartphone with a price tag of less than $800.
Samsung has released 6 folding smartphones to date: Galaxy Fold, Z Fold 2, Z Fold 3 , Z Flip, Z Flip 5G and Z Flip 3. The price of these types of phones has decreased slightly since the introduction of their first generation. For example, the first version of the Galaxy Fold was launched at a price of $1,980, and the Galaxy Z Fold 3 is now available for buyers at a price of $1,799. Also, the first-generation Galaxy Z Flip was launched at a price of $1,379, and the Z Flip 3 is currently sold with a price tag of $999. So that its price tag of less than 1,000 dollars clearly made more customers to buy this device. According to 9to5Google, Samsung is producing It is a low-end foldable smartphone priced at less than 1 million won (less than $800). Apparently, the Korean technology giant has considered 2024 as a possible date for the release of this device; Thus, it is possible that this company is now working on the low-end version of Galaxy Z Flip and Galaxy Z Fold.
How can Samsung reduce the price of its foldable smartphones by $200? It seems that the company’s strategy is to reduce the price of providing basic functions and remove some premium features from the current models of foldable phones.
- Samsung’s new method of manufacturing OLED panels, production of borderless folding phones and makes it cheaper
- Galaxy Z Fold 4 will probably use a wider external display with an aspect ratio of 23:9
According to predictions, it is possible that Samsung will Like the external display, wireless charging, and possibly water resistance from the more affordable model of its upcoming foldable phone. Of course, using a weaker chip can also be part of the company’s plan to reduce the price of the company’s $800 foldable phone. Apparently, Samsung plans to help increase the sales of this category of products by offering cheaper folding phones, like the Galaxy A series phones. It should be noted that the Galaxy A series constitutes a major part of the company’s smartphone sales.
Another effective factor in Samsung’s goal to offer a more affordable foldable smartphone is the growing demand from Apple customers; Where the Cupertino-based tech giant is rumored to be working on a foldable device; For this reason, the Korean company wants to maintain its position as the leader of the folding products market, especially in China.
It seems that the release of Samsung folding smartphones at current prices has increased the company’s forecast of the sales of these products. ; Therefore, instead of producing 10 million folding devices, it plans to produce 15 million units of these phones.
Samsung is expected to unveil the Galaxy Z Fold 4 and Galaxy Z Flip 4 in mid-August. It is said that this next generation of Samsung folding phones will be available at the same price as the current generation of these phones. According to the rumors, these two folding products will be equipped with a modified hinge and the folding in the middle of their display will be less compared to the current models. Also, we expect the camera of the Galaxy Z Fold 4 to be improved compared to the Z Fold 3, and changes will be made to the design of this product.