Xiaomi’s foldable smartphone may cost half the Samsung Galaxy Fold; Launch expected in Q2 2019

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It’s the year of foldable smartphones, after Samsung and Huawei, now Xiaomi may launch its foldable smartphone in Q2 2019. Unlike Galaxy Fold and Huawei Mate X, the Xiaomi’s version could be cheaper than the iPhones. It will cost half the price of the Galaxy Fold which retails at $1980. Xiaomi is bringing a lesser priced foldable device by April this year.

Many users lost hopes to own a foldable product after Huawei and Samsung revealed prices for their respective foldable devices. Thanks to Xiaomi, as they are bringing foldable devices like Mi Fold and Mi Flex at an affordable price tag. As per iGyaan, Xiaomi’s foldable smartphone will be available for $999 which roughly translates to 6706 Yuan. Precisely, it will cost €999 in Europe, and INR 74,999 in India.

According to Xiaomi supply chain’s investors, the company plans to launch its new phone between April and June aka Q2 2019. Xiaomi will first launch the foldable device in its home country followed by separate launches in other regions.

If Xiaomi manages to launch the device at such a price, then it will be a bargaining deal for the customers.

Further, the price difference in Xiaomi and other manufacturer’s foldable devices is due to different displays. Samsung and Huawei have used high-quality OLED panels in their respective foldable devices, involving a hefty sum of money. On the other hand, Xiaomi will use Visisonox Technology OLED display.

Xiaomi’s phone is expected to carry top-notch hardware specifications. It will come with Qualcomm Snapdragon 855 chipset, coupled with 10 GB RAM. It will run on Android 9 Pie based MIUI 10 out of the box. Moreover, its display believed to measure 6.5-inch when folded and 10-inch when opened.

A video showing the foldable phone’s design revealed that it can bend from both the ends. It carries two foldable hinges on the left and right side instead of back and forth displays on Galaxy Fold.

Source | Via