Samsung’s First Budget Foldable Phone to Challenge Galaxy S24’s Price Point

Samsung's First Budget Foldable Phone to Challenge Galaxy S24's Price Point
Discover Samsung's plans to launch a budget-friendly foldable phone in 2024, aiming to make foldable technology accessible to more consumers and potentially undercutting the Galaxy S24's price.

In a bold move that could redefine the smartphone market, Samsung is reportedly developing a mid-range foldable phone set to launch in 2024. This innovative step aims to make foldable technology more accessible to a broader audience, potentially setting a new standard for budget-friendly high-tech devices.

Key Highlights:

  • Samsung is expanding its foldable phone lineup with a new, more affordable model scheduled for release in 2024.
  • This move is seen as an effort to democratize foldable phone technology, making it accessible to a wider range of consumers.
  • Speculation suggests this device could be priced between $400 and $500, significantly lower than the current foldable options and even less than the Galaxy S24 series.
  • The exact specifications, form factor, and features of this budget foldable phone remain under wraps, with more details expected as the launch date approaches.

A Closer Look at Samsung’s Strategy

Samsung has been a pioneer in the foldable phone market since the launch of the Galaxy Z Flip in 2020. Despite the initial high cost of foldable technology, Samsung has gradually reduced prices, with the Z Flip series now starting at $999. The introduction of a mid-range foldable phone represents a strategic shift towards making foldable devices more mainstream and affordable.

Market Implications and Speculations

There’s considerable speculation about how Samsung will achieve a lower price point for its upcoming foldable phone. Analysts suggest that this device may target the lower end of the mid-range segment, possibly featuring scaled-down specifications to keep costs down. Yet, it’s important to note that Samsung is known for its commitment to quality and innovation, which raises questions about how the company will balance affordability with the high standards expected of its products.

Should Samsung release a sub-$800 foldable smartphone, it could have significant ramifications for the industry. This lower price point would open up foldables to a much larger market segment. It could also put pressure on other manufacturers to develop their own affordable foldable phone options.

When Could We See It?

There’s no concrete timeline for this rumored affordable foldable from Samsung. However, with foldable phone technology becoming more mature, it wouldn’t be surprising to see a budget-friendly option launch later in 2024, or perhaps in 2025.

As 2024 approaches, Samsung enthusiasts and tech analysts alike are eagerly awaiting more details about this groundbreaking device. If successful, Samsung’s budget foldable phone could not only expand the foldable market but also challenge the pricing strategy of flagship models like the Galaxy S24​​​​.

About the author

Alice Jane

Alice is the senior writer and responsible for managing software and tablets section of PC-Tablet. She is very passionate about Gadgets & Technology and always looking around to use them in an innovative way in daily life. She reviews Gadgets & Applications to tell users about their optimum use to get the most out of in which they've put their time and hard earned money. You can contact her at

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