Samsung Could Release a More Affordable Galaxy Z Fold 6 Variant In Hopes of Increasing Its Market Penetration
Now that the Galaxy S24 series is finally available to pre-order, Samsung is going to shift its focus toward its next flagship lineup--the Galaxy Z series, and this year, we do know for sure that we are going to get the Galaxy Z Fold 6 and the Galaxy Z Flip 6. However, a new report indicates that there could be a cheaper version of the foldable this year, as Samsung is looking to shift its strategy.
A cheaper Galaxy Z Fold 6 does sound like an attractive proposition, but as long as we don't lose the durability
The report suggests that Samsung is working on developing an entry-level model of the Galaxy Z Fold 6. This is not the first time we have heard about an affordable foldable device, as it has made the rounds in the news previously, and Samsung has shot down the rumors. The reasoning behind an entry-level foldable is that the South Korean tech giant wants to increase the penetration rate of the foldable market and also get a piece of the pie of the Chinese foldable phone market, which is largely dominated by the likes of Huawei and Honor.
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The report also suggests that there could be some troubles launching an entry-level Galaxy Z Fold 6 because the industry conditions are not as good--this will lead to the demand being focused on the premium segment, and if Samsung does go ahead with the launch of a more affordable foldable phone, it could hurt company's profit in the long run.
The first Galaxy Z Fold phone debuted back in 2019, and ever since then, Samsung has been releasing two foldable phones every single year. However, this year, the company could release more than two devices, and the more affordable Galaxy Z Fold 6 could be the case. The one thing that does concern me is that Samsung might have to cut some corners with a more affordable foldable phone because these phones are already more expensive than their standard counterparts.
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