Samsung Galaxy Fold. Huawei Mate X. Motorola Razr. Those are the big names in foldable phones right now. While all have very different approaches to the foldable concept, one thing they all have in common is they're all very expensive. Which is to be expected: as with all experimental technology, there's initially a hefty price tag attached. However, one foldable manufacturer is reportedly working to undercut its rivals and bring the price down to more manageable levels.
The Korea Herald has spoken to anonymous industry sources who claim Samsung's second foldable phone will be released at a starting price of less than a thousand US dollars. The price is listed as "one million won", around $840, which would undercut some of Samsung's existing devices such as the Samsung Galaxy S10.
Given the expensive nature of the folding technology, it's likely this would lead to mid-range or underwhelming specs. Motorola Razr, currently the cheapest foldable of the bunch, sports a Qualcomm Snapdragon 710 processor, 6GB RAM and 2510mAh battery capacity, which is pretty lacklustre.
If Samsung is intending to undercut the Razr, it might opt for similar (or even lesser) specs in order to get the folding technology into the hands of more consumers. This could put some users off, who might not be swayed by the novelty of the folding device and would rather stick to higher-performance, more conventional phones.
As more and more rival companies enter the foldable screen market, Samsung's early attempt to make a wallet-friendly foldable makes a lot of sense. LG are even purported to be entering the mix, with a phone incorporating a unique rollable screen. How successful Samsung's efforts will be to democratise the technology remains to be seen, but it won't be long until foldable phone prices begin to fall.
Liked this?
- Samsung Galaxy S11: everything we know
- Huawei P40 Pro: prices, release dates, specifications
Upgrade to smarter living
Get the latest news, reviews, deals and buying guides on gorgeous tech, home and active products straight to your inbox.
Matt Evans now works for T3.com sister brand TechRadar, covering all things relating to fitness and wellness. He came to T3.com as staff writer before moving on, and was previously on Men's Health, and slightly counterintuitively, a website devoted to the consumption of Scotch whiskey. In his free time, he could often be found with his nose in a book until he discovered the Kindle.
-
Google Pixel 9 Pro Fold review: a foldable revelation
The second-gen foldable Google Pixel is a giant leap forwards
By Mike Lowe Published
-
Lovehoney launches its AI sexual wellness advisor – but I’m not entirely convinced
Lovehoney offers personalised sexual wellness advice with its new AI assistant
By Emily Cox Published
-
Is this the foldable phone that has Samsung most worried?
Another folding phone has just launched, this time with Loewe design
By Chris Hall Published
-
Apple Watch 10: everything you need to know about Apple’s sleekest, brightest, and most feature-packed wearable yet
The new wearable has a larger display than the Ultra
By Matt Kollat Published
-
When is the iPhone 16 coming out? Could Apple's on-sale date be a surprise?
The iPhone 16 has already bucked trends once
By Max Freeman-Mills Published
-
GoPro launches affordable Hero action camera with 4K resolution, 100-minute runtime and HyperSmooth stabilisation
The Hero is the perfect companion to help you live out loud
By Matt Kollat Published
-
Samsung Galaxy S25 Ultra concept renders show a potential iPhone beater
Samsung might be cooking up a beauty
By Max Freeman-Mills Published
-
Aerial hotshots: HoverAir’s X1 PRO and PROMAX drones can lift your filmmaking to new altitudes
Introducing the world's first 8k@30fps drone
By Matt Kollat Published
-
Huawei is set to shake up the foldable phone market sooner than we thought – tri-fold handset imminent
Huawei's plan is unfolding soon
By Max Freeman-Mills Published
-
OnePlus Nord 4 review: heavy on the metal, light on the price
Buying on a budget? The metal-bodied OnePlus Nord 4 is a very smart choice indeed
By Basil Kronfli Published