Senior Analyst, Park Jin, from Counterpoint Research has recently given fervent smartphone consumers hopeful news. Starting from 2024, he predicts that tech giant, Samsung, will launch entry-level foldable smartphones in the range of $600 to $700.
Foldable phones are a relative novelty in the mobile market, with high prices often discouraging widespread adoption. But should Park Jin’s prediction ring true, it would represent a significant step in making foldable technology attainable for a broader consumer base.
These revelations come amidst the backdrop of ongoing rumors about a new Galaxy Z ‘FE’ model. The ‘FE’ line, recognized as Samsung’s budget-range option, has long been the center of whispers for a foldable addition.
With the anticipated alignment of these two developments, it seems clear that the goal for Samsung is to make affordable foldable smartphones a reality. For prospective buyers, the clock has started ticking towards 2024, when an exciting and affordable foldable future could potentially unfold.
