The current Galaxy Fold handset is priced at nearly $2000; the affordable version may get $1,000 cheaper

South Korean tech giant Samsung is reportedly working on a new foldable smartphone that will be cheaper than Apple iPhone XS, which is currently sold above Rs 80,000 in India.
Samsung is all set to roll out its much-awaited foldable smartphone ‘Galaxy Fold’ on September 6. Meanwhile, a new report suggests that the company is working on a cheaper variant of the phone to make it accessible to a larger segment of the population.
The cheaper version of the Samsung’s Galaxy Fold may be priced at $1,000 (roughly around Rs 71,600). The current Galaxy Fold handset is priced at nearly $2,000 (roughly Rs 1,43,974).
The company is planning to use a cheaper design for bringing down its price with just 256GB of internal storage.
“The new Galaxy Fold that’s currently being developed bears model number SM-F700F. We’re told that it will come with 256GB of internal storage, half of what the Galaxy Fold features. Little else is known about this device right now,” SamMobile reported.
Key Features
The present Galaxy Fold will feature a 7.3-inch flexible primary AMOLED display and a secondary 4.6-inch screen.
The premium smartphone comes backed by a 7nm Qualcomm Snapdragon 855 octa-core SoC, paired with 12GB of RAM and 512GB storage.
The device will sport a triple rear camera setup with a 16MP and two 12MP sensors. For clicking selfies, the Galaxy Fold will have a 10MP camera.
It is expected to be launched at IFA 2019 in Berlin on 6 September.
The device was first announced at the end of 2018 and was due to launch earlier this year, with Samsung describing it as “the foundation of the smartphone of tomorrow”.
But the phone faced issues with its innovative folding design and a number of early reviewers reported screens breaking after a short period of use.
Inputs: The Asian Age; The Independent