Samsung denies rumors of affordable foldable smartphone: report

Samsung’s 2024 lineup was recently speculated to include a budget foldable smartphone. The first affordable foldable from the South Korean tech giant was said to be priced around $400 to $500 (roughly Rs. 33,000 to Rs. 41,000), similar to the mid-range Galaxy A series smartphones. The company has now reportedly denied rumors of a mid-range Samsung foldable phone. Samsung was said to release Fan Edition versions of the foldable phone next year after the launch of the Galaxy Z Fold 6 and Galaxy Z Flip 6.

according to a report Via Korea JoongAng Daily, a Samsung spokesperson confirmed that the company has no plans for a “mid-range” foldable. “We are not planning to make foldable smartphones that are priced in the mid-range and the latest rumors are baseless,” the spokesperson was quoted as saying in the report.

Samsung was also rumored to launch a cheaper Galaxy Z foldable phone called Galaxy Z FE (Fan Edition) after the launch of Galaxy Z Fold 6 and Galaxy Z Flip 6 and the spokesperson debunked the rumor saying, “On this matter Nothing has been decided.”

Recent rumors say Samsung is developing a low-cost foldable set to arrive in 2024. A report by market research firm TrendForce claims that Samsung will introduce more competitively priced foldable phones in the mid-range market next year to help break down price barriers. Folding phones more accessible. Additionally, a tipster opined that the price of the foldable could drop by $400 to $500.

The South Korean brand has released five variants of the Galaxy Z foldable flagship. The Galaxy Z Flip 5 and Galaxy Z Fold 5 were launched just a few months ago. The price of Samsung Galaxy Z Flip 5 starts at $999 (roughly Rs. 82,000), while the Galaxy Z Fold 5 starts at $1,799 (roughly Rs. 1,47,000).

Samsung Galaxy Z Fold 5 price in India starts from Rs. The base 12GB RAM + 256GB storage configuration starts at Rs 1,54,999 and the Galaxy Z Flip starts at Rs 5. Rs 99,999 for the 8GB RAM + 256GB storage model.

The Galaxy Z Fold 5 and Galaxy Z Flip 5 are both powered by Qualcomm’s custom Snapdragon 8 Gen 2 mobile platform for the Galaxy and feature a new flex hinge. They come with One UI 5.1.1 based on Android 13 and have an IPX8 rated build for water resistance.

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(TagstoTranslate)Samsung refutes mid-range budget foldable phone rumors 2024 report Samsung Galaxy Z Fold 6(T)Galaxy Z Fold 5(T)Samsung Galaxy Z Fold 5(T)Samsung Galaxy Z Flip 5(T)Samsung

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