Samsung is gearing up for the launch of its latest generation of foldable smartphones, namely the Galaxy Z Flip 3 and the Galaxy Z Fold 3. While various rumors and reports have already surfaced regarding the device, the latest leak has revealed interesting information regarding the prices of the upcoming handsets.
Previously, the South Korean tech giant had launched the Galaxy Z Flip for a price of 1,380 US Dollars back in 2020. Similarly, the Galaxy Z Fold 2 arrived later the same year with a 1,999 US Dollar price tag. It was expected that the successors to these models would arrive at a similar price point but according to a new leak from SamMobile, the next gen models of both lineups will be priced lower than their predecessors by a notable margin.
The report added that the Galaxy Z Fold 3 and the Galaxy Z Flip 3 will be up to 20 percent cheaper than their predecessor. In other words, the upcoming foldable smartphones could be almost around 400 US Dollars cheaper for their top end models. This marks a significant reduction in price for an ultra high end handset from Samsung, and also implies the reducing price tags of foldable devices in the near future. As of right now, foldable smartphones are luxury devices that cost anywhere around 2,000 US Dollars.
This high price tag deters even smartphone enthusiasts from purchasing such a product. But with prices falling down to around 1,600 US Dollars, this makes it more in line with top end variants of premium grade flagship devices. Unfortunately, the exact pricing of both smartphones is still unknown at the moment. Furthermore, the pricing of smartphones is also different across various countries. We can also expect the smartphone maker to offer new promos with pre order incentives to boost the sales of its upcoming foldable smartphones. It is currently uncertain when exactly these foldable handsets will be unveiled but the launch is expected in the coming month.
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