After debuting with much fanfare at Mobile World Congress Barcelona, Samsung's first-ever foldable phone, the Galaxy Fold, turned out to be a disappointment.
It had several structural integrity-related issues, and the South Korean giant had to delay the phone's launch.
Now, after months, when the company is finally ready to launch the Fold, we heard rumors of its more affordable iteration.
Current Samsung Galaxy Fold costs $2,000
The original Galaxy Fold boasts powerful internals with six cameras and a stunning dual-display setup - a 7.3-inch primary flexible AMOLED display and a 4.6-inch secondary panel.
The primary display of the device works in the tablet mode, while the second one enables when the device is folded like a book.
It, Samsung said, would come at a price tag of $1,980.
And, now affordable version is in the works
The capabilities of Galaxy Fold are certainly flagship-grade, but going by reports, Samsung is also working on a more affordable version of the device.
Sources familiar with internal developments at the company toldSamMobile that the company is developing a version of Galaxy Fold that would cost just $1,000 (Rs. 72,000), which is exactly half of the current model.
How Samsung would cut the price?
There are hardly any details about this device but we think it would be a toned-down version of Fold.
The sources, which reported the development, claimed the affordable unit comes with model number SM-F700F and packs 256GB, instead of 512GB UFS 3.0 storage.
But, it's unclear if Samsung would make any change to the design or form factor of the phone.
Still, no word on the launch timeline
Having said that, it is not clear when or if Samsung would launch the affordable Galaxy Fold.
The report indicates that the company is willing to move ahead in the foldable category and is confident that the fiasco that occurred with the original Fold won't happen again.
Reports indicate that the first device would launch on September 6 in South Korea.