Samsung is finally set to release the Galaxy Fold in the coming weeks. The pre-registration page for the device has already gone live in China and the foldable will launch on September 4 in South Korea. Now that the phone is finally making it to the market, a new report from SamMobile suggests that a cheaper Galaxy Fold device is in the making.
The current Galaxy Fold handset is priced at nearly $2000. So even if the phone turns out to be perfect, there will be limited takers for the device. Considering this, it actually makes sense for Samsung to work on a foldable smartphone that’s cheaper and accessible to a larger segment of the population.
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Unfortunately, we are not sure whether Samsung plans to use a cheaper design for bringing down its price. However, the same report states that this Galaxy Fold model will have the model number SM-F700F and will come with just 256GB of internal storage. That’s half of what the current Galaxy Fold offers at 512GB. This along with other cutbacks could probably make cheaper Galaxy Fold a possibility.
Even today, foldables are tricky and extremely expensive to manufacture. But as the technology matures and as engineers come up with cheaper alternatives to existing solutions, there’s no doubt that we’ll see significantly cheaper foldable smartphones make it to the market in the coming years.
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