Samsung could be working on a sub-$800 foldable, but don't expect it soon

Samsung is hard at work on its fourth generation of foldable phones, but the closest we’ve come to an affordable foldable is the $999 Galaxy Z Flip 3. Now, a Korean outlet has claimed that a more affordable device is in the works.

ETNews reports (h/t: r/Android) that Samsung is working on more affordable Galaxy Z Flip and Galaxy Z Fold devices. The outlet says Samsung is aiming to deliver a foldable with a price tag under one million won (~$770), although it’s unclear if this is the target price for both models or the Flip device. For what it’s worth, the Galaxy Z Flip 3 launched at 1.25 million won (~$963) in Korea.

The outlet further claims that these cheaper foldables would be part of the Galaxy A range and that Samsung will remove premium features in a bid to reduce the price. 

There’s no word on the features Samsung would remove in order to deliver a lower price though. However, we’re guessing that a more affordable Galaxy foldable would use a mid-range processor, less RAM, less storage, less impressive cameras, and/or older screen tech for the foldable display.

Nevertheless, we could be in for a long wait as ETNews claims these more affordable Galaxy foldables are set to launch in 2024.