Samsung is reportedly planning to introduce a mid-range foldable phone in 2024 in an effort to make foldable devices more affordable for consumers. The company aims to reduce the price barriers by introducing a less expensive device. While the exact form factor and price point are unknown, rumors suggest it could be around $400-$500. Chinese brands are driving the expansion of the foldable market with reduced costs and expansion strategies. It is predicted that foldable smartphones will represent 1.6% of the total smartphone market in 2023 and increase to 5% by 2027. Huawei is also making progress in developing a triple-foldable screen phone.
from Gadgets Now https://ift.tt/kEXAlBe
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