Multiple reports in the past few weeks suggested that Samsung is planning to launch an affordable book-style Galaxy Z Fold model. However, last month, the company confirmed that no such smartphone is in the works. But, the brand could be planning to launch a cheaper Galaxy Z Flip model, suggests a report from Korea.
A cheaper Galaxy Z Flip variant could launch in 2025
According to the Korean blogger Yeux1122, Samsung is planning to launch a cheaper Galaxy Z Flip model next year. The phone will be launched as the Galaxy Z Flip FE. The tipster also suggests that it will be launched alongside the Galaxy Z Fold 7. Unfortunately, the source hasn’t revealed anything about the specifications of the upcoming Galaxy Z Flip models.
Furthermore, according to a Samsung executive, the brand is “considering ways to lower entry barriers” for its foldable models. This will allow more Samsung fans to enjoy the foldable smartphone experience. Notably, the executive also hinted that the brand is “preparing new form factors”. This could be indicating the rumored Samsung tri-fold handset.
An affordable Z Flip model could help Samsung better compete with its rival brands
Notably, an affordable Galaxy Z Flip phone could help Samsung to better compete with the competitors in the foldable segment. The company’s market share in the foldable segment has significantly dropped this year. In 2023, the brand led the foldable market share with 60 percent share. However, its market share has dropped by half to just 30 percent this year, according to various media reports. Huawei has already taken the top spot from Samsung in the foldable smartphone segment.
So, a budget Galaxy Z Flip model makes sense as it would help the brand to regain the market share of the foldable segment. The other brands like Motorola and Nubia are offering their foldable offerings at more affordable price points than Samsung. The brand’s newest Z Flip model, the Galaxy Z Flip 6 starts at $1,099. There aren’t many details available, but the Galaxy Z Flip FE could have modest specs compared to the brand’s flagship Flip models.
As of now, there’s no word regarding the exact launch time frame for the upcoming Flip models. But we can expect them to see the light of the day in the July-August period.
2024-11-04 15:07:02