05 June 2020
Samsung is said to be working on multiple foldable phones, out of which one would be an affordable model. The details of the same are pretty scarce but rumors on its existence have started circulating.
XDA’s Max Weinbach tweeted a couple of days back that Samsung is prepping a $1,100 foldable phone and today a tweet from Ross Young, Founder/CEO of Display Supply Chain Consultants (DSCC) corroborated it and revealed the name as well.
To clear out Galaxy Fold 1 inventory before the Galaxy Fold 2 is launched, Samsung will announce the Galaxy Fold Special Edition in July at a price around $1099. Quantities will be limited to ~55K worldwide. It should look just like the Galaxy Fold 1. Great price!— Ross Young (@DSCCRoss) May 13, 2020
According to the industry leader, Samsung would announce a Galaxy Fold Special Edition that carries an affordable price tag than the original Galaxy Fold. This is an attempt Samsung is taking to clear out the original Galaxy Fold inventory before the launch of the Galaxy Fold 2. He further states that the phone will apparently go on sale in July at around $1,099 and will have a limited run of around 55,000 units worldwide.
According to Young, in terms of design, this Galaxy Fold Special Edition is going to look just like the Galaxy Fold.
Going by multiple sources, the Galaxy Fold Special Edition is speculated to cost between $900 and $1,100. No specific details are available, but referring to one of the sources who claims to have knowledge on the device, this affordable foldable phone will have no back screen or it could just be too tiny to compensate the overall retail price.
Whatever the case is, it is too early to speak on this matter. So, let’s just wait for more details to shape this rumored product into a reality.