Tech

The upcoming folding phone from Samsung might come with an unexpectedly high price tag.

What you need to know more about

  • Additionally, the report highlights that although Samsung was among the first to enter the foldable market, it currently holds third place in the Chinese market for foldable devices.
  • As of now, there haven’t been any significant leaks regarding the Samsung Galaxy Z Fold 6 or even the Z Flip 6.

Despite foldable phones being available for several years, their high prices have made them inaccessible to many consumers. For instance, the latest Samsung Galaxy Z Fold 5 is priced at $1,800, with most competitors similarly priced. However, Samsung seems to be addressing this issue by developing a more affordable “entry-level” foldable.

Reportedly, Samsung plans to launch an “entry-level” Galaxy Z Fold 6 device this year, as per a report from The Elec. This move aims to increase the adoption of foldable phones, especially with the rise of foldable phone offerings from China.

Additionally, the report highlights that although Samsung was among the first to enter the foldable market, it currently holds third place in the Chinese market for foldable devices. This is attributed to Xiaomi, Honor, and Huawei offering foldables at significantly lower prices compared to Samsung, resulting in higher sales for their devices over Samsung’s Z Fold series.

If this sounds like familiar, it’s because we’ve heard similar rumours before. Samsung has been speculated to be developing a more budget-friendly foldable device, but it hasn’t materialized yet. Back in November 2023, there were rumours about Samsung working on a “midrange” foldable, but the company seemingly dismissed this notion.

As of now, there haven’t been any significant leaks regarding the Samsung Galaxy Z Fold 6 or even the Z Flip 6. The only potential changes speculated at this stage are a different aspect ratio and a thinner design profile.

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