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Samsung mid-range foldable phone isn’t coming next year, confirms company [Update]

UPDATE:

  • Samsung mid-range foldable phone isn’t coming next year, confirms company

Samsung has denied the rumors of a mid-range Samsung foldable phone next year. A Samsung spokesperson told Korea JoongAng Daily that a mid-range Galaxy Z Flip would not debut in 2024.

But it looks like Samsung could still release a Galaxy Z Flip FE, according to rumors. On this matter, the spokesperson said, “There’s nothing decided on the matter.”

For now, Samsung is selling the latest Galaxy Z Flip for $999 and Galaxy Z Fold for $1800.

 

Original Article: November 09, 2023

  • Samsung mid-range foldable phone is coming next year: report

Samsung is making it easy for everyone to buy foldable phones next year. According to a new report, Samsung is planning to introduce a mid-range foldable phone in 2024. Supply chain sources, via TrendForece, revealed that the Galaxy maker has plans to bring foldable phones to the mid-range market next year.

With the introduction of a mid-range foldable, Samsung wants to further reduce price barriers and make foldable phones more accessible to a broader range of consumers. This year, the lowest price for foldable phones has already dropped to 3,659 yuan (~ $500), setting a new record.

Back in 2020, the South Korean tech giant introduced its first flip phone, which went on sale for nearly $1,400. However, the company has managed to bring its Galaxy Z Flip portfolio to the $1000 segment, as technology and form factor have matured.

Samsung mid-range foldable phone isn’t coming next year, confirms company [Update]

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