Samsung Galaxy A Fold: Affordable foldable phone touted to arrive for under US$800
A few weeks ago, word surfaced for the first time about Samsung's plans to release a more affordable foldable phone in the future. That was from a single, albeit generally reliable source, and that information now appears to be corroborated by Korean media.
According to ETNews, Samsung is working on an entry-level foldable phone. This foldable, which has been referred to as the Galaxy A Fold, is expected to carry a price tag in the region of 1 million Won. That converts into about US$770 these days and would be the cheapest foldable phone on the market at that price point.
Supposedly, the Galaxy A Fold is in development and scheduled to arrive in 2024. As befitting the reduced price tag, the foldable is tipped to miss out on some "advanced features" usually available in premium phones. While the source doesn't specify, that could mean flagship-grade cameras, stylus support, and a premium chipset.
Considering the tipped price tag, the Galaxy A Fold—or whatever this foldable is branded as—will almost definitely be a mid-range version of the Galaxy Z Fold, and not the clamshell-style Z Flip. An affordable foldable phone would likely perform well on the market, too. Last year, according to Omdia, the US$999 Galaxy Z Flip3 sold 4.6 million units globally versus the US$1799 Galaxy Z Fold3's 2.5 million—showing a strong market preference for the cheaper foldable device.