Samsung to release cheaper version of its folding mobile: the Galaxy Z Fold Lite
- In 2021, the South Korean giant would introduce a more affordable folding phone alongside the Galaxy Z Flip 2 and Galaxy Z Fold 3.
having launched three different models to the market, Samsung is the company that currently leads the folding smartphone industry. This position would be reaffirmed by 2021, as the manufacturer would bet on diversifying its price range to reach more consumers.
In recent weeks, various details have been released about Samsung’s next folding line. Through its official blog, the South Korean firm revealed the different flexible screen layouts and formats it has been experimenting with.
Lee Jong-min, senior director of Samsung Electronics’ wireless division planning team, announced that next year they aim to strengthen their product portfolio to “promote popularization.”
In that regard, South Korean media report The Elec noted that the company would be planning to launch up to five different models of folding phones in 2021. Now, a new report ensures that an economical version of the smartphone is on its way.