• Samsung to launch mid-range foldable smartphone in 2024.
• Samsung targets $400-$500 price point for mid-range foldable.
• Huawei also planning to launch affordable foldable device.

Samsung aims to broaden its foldable smartphone range by introducing a midrange model in the coming year, as reported by TrendForce. While previous speculations have hinted at this development, the exact design, whether a book-style or clamshell foldable, remains uncertain.

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The midrange foldable from Samsung is expected to follow the clamshell design, possibly being identified as the Galaxy Z Flip6 FE with scaled-down specifications. Additionally, the report suggests that Huawei is also planning to launch a foldable device with a more competitive price point.

Samsung to launch mid-range Foldable Phones in 2024

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Revegnus on Twitter reports that Samsung has established a price target of $400 to $500 for its midrange foldable. Considering VAT, this translates to approximately €650 for European customers. Despite this, it remains a compelling price point, especially when compared to the Galaxy Z Flip5, which starts at just under €800.

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