According to a new rumor from the Korean domestic market, Samsung is considering releasing a cheaper version of the upcoming Galaxy Z Fold6. That’s not to say the Fold6 itself will be cheaper, but it could be joined by a cheaper option. This is the first time Samsung has considered developing a low-cost foldable, the source of this rumor says.
Interestingly, the reason they chose the Fold line for this move and not the Flip is that the Flips launched so far are selling much better. So with a cheaper Fold, the Fold line could be reinvigorated.
Samsung Galaxy Z Fold5
This move would apparently help Samsung gain more ground with its foldable devices in the Chinese market, which has so far been dominated by local operators. That said, Samsung still has a double-digit market share in China for foldables, which is much more than it can say for flat phones, where it hovers around 1%.
With a cheaper Fold6, it would also simply expand the global foldable market, which Samsung currently leads, giving it an edge over rivals that don’t have foldable offerings or don’t sell them widely.
Samsung Galaxy Z Fold5
Things, however, are far from set in stone. The launch of such a device could have a negative effect on Samsung’s profitability, unsurprisingly.
Furthermore, the company seems to think that if an economic downturn looms, demand will focus on premium, more expensive products: This sounds rather counterintuitive, but people who have a lot of money will still have a lot of it even if they do. lose some due to such a recession, while those who had less in the beginning will definitely not buy phones.
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