The much awaited foldable smartphones have finally gone official this year and have also been well-received in terms of sales by the early adopters. However, a new report from Strategy Analytics claim that the acceptance will grow if the prices gets slashed.
The new report from the User Experience Strategies group at Strategy Analytics has found that the perceived value of the foldable form does not outweigh the added cost. The report adds that the idea of having a larger-displayed smartphone in a portable size is perceived as valuable to the vast majority but willingness to pay extra for a foldable device does not align with the desire to purchase one.
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It also adds that unless a foldable phone has a wider folded state, entering text when closed is too cumbersome, forcing users to utilize two hands to enter text, when in the opened state. It further states that use cases need to be adequately demonstrated for consumers to fully understand and appreciate the potential for a foldable phone.
Currently, there are two foldable smartphones in the market — Samsung Galaxy Fold and Huawei Mate X. Both the smartphones are now available for purchase in select countries for a price close to $2,000, which is considerably more than the traditional flagship phones.
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