Categories: NewsSamsung

Samsung denies rumors about affordable foldable phones

Samsung, the global technology leader, created a shockwave with the launch of its latest technological gems, the Galaxy Z Flip 5 and the Galaxy Z Fold 5. These flagship foldable phones have sparked speculation about the possibility of more affordable versions. However, Samsung has just put an end to all rumors by confirming that it has no intention of producing mid-range foldable smartphones. Discover the details of this statement and the prospects for the brand’s future foldable phones.

Samsung dismisses rumors

According to a new report, Samsung has officially stated that it has no plans to manufacture mid-range foldable smartphones. The company firmly denied recent rumors suggesting that the Galaxy Z Flip and the Galaxy Z Fold, which are scheduled to launch next summer, could be offered at prices as low as $400.

A spokesperson for Samsung Electronics, in a statement to the Korea JoongAng Daily, clearly stated: “We have no intention of manufacturing foldable smartphones priced in the mid-range, and the latest rumors are unfounded.”

Ambitious goal or fan edition?

While Samsung has clearly denied any intention of making affordable foldable phones, some leaks had suggested otherwise. An anonymous informant calling himself @Tech_Reve on X (formerly Twitter) mentioned that Samsung’s new foldable phones could be sold between $400 and $500, describing this goal as ambitious. Other rumors have suggested the possibility of Samsung launching a special edition for fans, which would retain the exterior appearance and key features, but with less powerful components such as the processor.

The reality of high prices

Although the idea of more affordable foldable phones may have excited consumers, it is important to note that Samsung’s Galaxy Z foldable smartphones remain positioned in the highest price category, just below the flagship S series. Despite the expectations of some consumers, they will have to continue to invest more to get their hands on these innovative devices. Samsung has dispelled all speculation surrounding rumors of affordable foldable phones. The company has confirmed its intention not to manufacture mid-range foldable smartphones, thus contradicting earlier rumors. While some hoped for more affordable prices and special editions for fans, Samsung has maintained its position, leaving its Galaxy Z foldable smartphones in the high price category. Consumers will need to take this information into account when considering the acquisition of these cutting-edge technological devices.

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