Samsung will release more affordable foldable phones than flagship models

Samsung will release more affordable foldable phones than flagship models

Every each generation of Samsung’s foldable phones has become more affordable, especially the Galaxy Z Flip line. Due to enhanced technology and a lower price, the clamshell foldable accounted for more than half of the company’s sales of foldable phones.

According to a recent rumour from Korean media, Samsung is preparing to produce even more affordable foldable phones in the future for the general public. Samsung is reportedly working on the Galaxy A Fold and Galaxy A Flip phones, which are anticipated to be far less expensive than their Z counterparts.

Currently, Samsung controls around 80% of the foldable phone industry, but as more competitors enter the fight, Samsung is expected to face fierce competition. Apple is allegedly developing a foldable smartphone, which is expected to be released in the next years. Launching a foldable Galaxy A series should therefore help Samsung maintain its market dominance.

One of these foldable phones may cost as little as $767, making it the least expensive one to date. This is even more affordable than the standard flagship smartphones that are currently on the market.

However, because it will be a member of the Galaxy A series, Samsung probably will use less expensive hardware to keep the cost low. According to reports, Samsung intends to release these future foldables in 2024.

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