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Report: Samsung Working on Affordable Foldable Smartphone

Foldable phones are all the rage right now. But if there's one thing that's stopping them from becoming a household trend it's the fact that these are priced outrageously high. But this could be changing real soon, thanks to Samsung's new initiative.

According to reports, Samsung is working on a foldable smartphone that will have an affordable price. Not a lot of information has been released about the device, with model number SM-F415. The only thing we know about the device at this point is that it will be available in either 64GB and 128GB storage options. It will also be available in blue, green, and black color options.

So how low will Samsung price this device? It's possible that this phone will be priced lower than $900, especially if they want to make this a hit with that target audience. That's already an affordable option compared to the other existing foldable phones in the market, such as the Motorola Razr ($1,499), the Samsung Galaxy Z Flip ($1,380), or the Samsung Fold ($1,980).

As of this writing, this is a report that has not been announced by Samsung. We'll have to wait until an official announcement regarding this phone is released.

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