Samsung is reportedly working on a new foldable phone that aims to make this innovative technology more affordable and accessible to a wider range of buyers. The tech giant has been making efforts to reduce the price of its foldable phones, with the release of the Galaxy Z Flip in 2020 being the first step in this direction.
The original Z Flip was priced at almost $1,400, followed by a 5G variant released later that year for $1,450. However, Samsung has since managed to bring down the price of the Z Flip, which has now plateaued at $999. Despite this progress, the company is not stopping there and is determined to further democratize foldable phones.
According to a report by TrendForce, Samsung is currently working on a new foldable phone series that will be positioned at a mid-range price point. The specific details about the form factor, specifications, and exact price of this device are not yet available. However, the goal of this new phone is clear – to break down the price barriers and make foldable phones more accessible to a larger audience.
Speculation suggests that this mid-range foldable Galaxy phone might be a part of Samsung’s growing Fan Edition lineup. If this turns out to be true, it could mean that the device will come with a more affordable price tag while still offering impressive features and capabilities.
The potential release of this new device in 2024, along with other rumored innovations such as the return of the Exynos SoC, a mixed reality headset, and new AI-driven features, has the potential to make 2024 an exciting year for Samsung fans. The tech giant seems committed to pushing boundaries and bringing cutting-edge technology to the masses.
As for now, Samsung enthusiasts eagerly await further updates and information on this upcoming mid-range foldable phone. With the company’s track record of offering high-quality products, there is no doubt that the new device is likely to generate a lot of interest and further drive the popularity of foldable phones in the market.
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