Samsung Galaxy users got a piece of new news, the South Korean tech giant is set to bring an affordable foldable phone to the market. According to a new report from TrendForce Samsung and Huawei are working on reducing price barriers to encourage more buyers to opt for foldables as their next smartphone purchase.
Samsung to bring new mid-range foldable phone
The South Korean tech giant particularly has plans to bring foldables to the mid-range market. While we do not know the expected pricing, considering the usage of the term “mid-range”, the cheaper foldable could cost around USD 500. However, this is merely a speculation at this point in time.
The report says a total of 13 new foldable devices were launched within the last three months. These include devices like the Samsung Galaxy Z Fold5, Galaxy Z Flip5, OnePlus Open, Oppo Find N3, Oppo Find N3 Flip, Honor V Purse, Honor Magic Vs2, and Huawei Mate X5.