Samsung Denies Rumors of Affordable Mid-Range Foldable Device
A recent rumor claiming that Samsung was working on a more affordable foldable device priced at $400 to $500 had tech enthusiasts buzzing with excitement. However, Samsung has put an end to the speculation by denying any plans to produce mid-range foldable smartphones.
According to a spokesperson from Samsung Electronics, the rumors are groundless and the company has no intention of manufacturing foldable smartphones in the midrange price category. This announcement comes as a disappointment to many who were hoping for a more budget-friendly option in the foldable smartphone market.
With Samsung’s denial, it seems that Motorola’s Razr 40 and Razr 2023 are the only contenders in the mid-range foldable space. The Razr 2023, initially launched at $699.99, is now available for just $499.99 in the US, which aligns with the rumored target price for Samsung’s not-actually-happening midrange Galaxy Z foldable.
On a more optimistic note, there may still be hope for an FE (Fan Edition) version of Samsung’s foldables in the future. The Samsung spokesperson mentioned that there are no decisions made on the matter, leaving the door open for potential developments down the line.
As Samsung squashes rumors of a more affordable foldable device, the spotlight remains on Motorola in the mid-range foldable market. Samsung’s denial may come as a setback for those hoping for a budget-friendly foldable option, but with the possibility of an FE version in the works, there’s still anticipation for what the future may hold in the world of foldable smartphones.