A company spokesperson confirmed that there are no plans to create a mid-budget foldable phone and that all rumors spread are false.

Samsung smartphones such as Galaxy Z Fold and Z Flip are known for their innovative features and high prices.

Rumors of a more affordable model have generated a lot of interest as it could bring foldable devices to a wider range of consumers.

However, judging by the latest statement, the Korean brand does not intend to lower the price threshold of its foldable devices.

This decision may be due to Samsung’s desire to maintain high quality and innovation, as well as maintain the exclusivity and high status of its devices in this segment.

Source: Ferra

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