When Samsung launched its first foldable phone, the Galaxy Fold, it was a revolutionary device with breakthrough technology and a $2,000 price tag. It was expected that the price of foldable phones would drop as the parts became easier to manufacture. However, Samsung has said it has no plans to launch a cheaper foldable phone.
You should give up on the cheap Galaxy Z Fold.
There have been repeated rumors that Samsung will release a cheaper folding phone series called the Galaxy Z Fold. However, Korean companies have no such plans. Instead, like the recently launched Galaxy Z Fold Special Edition, it’s going to keep the price the same and introduce newer and better technology.
A Samsung Electronics official said:(Galaxy Z Fold Special Edition) is not a premium product, but a product released to expand your options. You can choose according to your preference. At this time, we have no plans to release another product at a lower price.”
Samsung is lagging behind in the foldable smartphone race. Once the world’s top seller of foldable smartphones, it has now fallen to second place behind Huawei. Sales of Samsung’s foldable smartphones have stagnated in recent years. There are two ways to increase sales. The company needs to either provide a killer app optimized for flip phones or launch a cheaper flip phone, and Samsung has failed to do either of those things.
To learn more about Samsung’s most advanced foldable phone to date, the Galaxy Z Fold Special Edition, watch the video below.
Foldable smartphones from Chinese companies like Honor, Huawei, OPPO, and Vivo are thinner, lighter, and have better camera hardware than Samsung’s Galaxy Z Fold smartphone. Therefore, Samsung needs to justify the price of the Galaxy Z Fold phone by improving the engineering and adding better specs to the device.
According to some rumors, Samsung plans to launch a cheaper Galaxy Z Flip phone next year, along with the Galaxy Z Fold device and the company’s first bi-fold (some call it tri-fold) smartphone. Whether the company can achieve that remains to be seen. Otherwise, the company risks losing out in the field of foldable smartphones that it has popularized.
