The Samsung Galaxy S24 series has taken the smartphone world by storm. Smartphone lovers are waiting to experience the Samsung flagship range that comes with the miracle of artificial intelligence called ‘Galaxy AI’. However, Samsung foldable phones are also expected to launch in July or August this year.
Only a few months left to know what wonders Samsung is going to ‘unfold’ this time. Galaxy Z Fold 6 and Galaxy Z Flip 6 models are being launched. However, there are reports that Samsung has hidden one more surprise along with it.
A recent report by Korean news portal TheElec suggests that we could see the launch of an affordable Samsung foldable phone this year. That means three Samsung foldable phones could hit the market this year instead of two. The Galaxy Z Fold 5, which was released last year, is currently priced at around one and a half lakh rupees. Z Flip 5 – On the other hand, you have to pay Rs.
The report indicates that Samsung is aiming to bring more foldable phones to the smartphone market, and the Korean tech giant believes that by introducing a low-cost model, Samsung can directly increase its market share in the Chinese foldable market.
The report also shared data showing how Samsung’s market share increases significantly every time a new foldable phone is launched. Samsung has long maintained a “double digit” market share in the Chinese foldable phone market. Meanwhile, the brand has less than 1% market share in the Chinese market in terms of regular phones.