Samsung Galaxy Z Fold 5 Reportedly To Cost Lesser Than Its Predecessor; Here Are the Reasons Why

Seoul, June 23: The highly awaited next-gen Samsung Galaxy Z Fold 5 and Samsung Galaxy Z Flip 5 are set to launch next month, i.e. in July, 2023 in Seoul at the company’s Galaxy Unpacked event. While the buzz around the new iteration of Samsung’s popular foldable flagship phone duo are building, new rumours suggest they would be priced cheaper, especially the Z Fold 5.

If the upcoming Samsung Galaxy Z Fold 5 is really priced more affordably than that of its predecessor - the Galaxy Z Fold 4, then it will be a most welcome change for the Samsung aficionados. A lower price would be more accessibility to the product for a larger number of buyers. This rumour does seem to be feasible. Let’s take a look at the reasons why. AI safety necessity: Four Ways how Criminals Could Use Artificial Intelligence to Target More Victims.

Samsung Galaxy Z Fold 5 To Be cheaper Than Galaxy Z Fold 4?

While foldable phones have been a niche segment in the global market, owing to their flagship and expensive category, things are changing now. The foldable phones will continue to be flagship devices, at least for the time being, but their pricing is set to become more competitive as the market competition is rising.

While Samsung was the leading and the sole prominent company in the foldable smartphone segment, now it faces competition from Chinese brand like Oppo, while OnePlus is set to launch its first foldable smartphone soon this year, which is speculated to be named as the OnePlus V Fold. Moreover, tech giant Google has entered this field with its recently launch Pixel Fold. Hence, Samsung will no longer hold the monopoly in the market and has to consider better pricing to appeal to a broader range of customers. Artificial Intelligence Technology To Drive Advancements In Vitro Diagnostic Products for Cancer Diagnosis.

Samsung has also mentioned that the company is working towards making the foldable phones mainstream products by striving to make them more affordable. While the company slashed the price of the Galaxy Z Flip 4 to make it relatively less expensive, the Galaxy Z Fold 4 continued to remain very costly. Hence, Samsung is expected to offer a pleasant surprise by pricing the new upcoming Galaxy Z Fold 5 more affordable that its predecessors. We will find out soon, as the device makes its world debut towards the end of July.

(The above story first appeared on LatestLY on Jun 23, 2023 03:38 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).