According to reports, Samsung is developing a “entry-level” Galaxy Z Fold 6 model

Although they are becoming more and more popular, foldable cellphones are still highly costly. Samsung’s $1,800 Galaxy Z Fold 5 serves as an example, but a recent story claims that the Galaxy Z Fold 6 will launch alongside a less expensive “entry-level” gadget.

In order to “increase the penetration rate of the foldable phone market,” particularly as more foldables are coming out of China, Samsung is reportedly planning to launch a “entry-level” Galaxy Z Fold 6 later this year, according to a new claim from The Elec.

According to the survey, Samsung is ranked third in the Chinese market for form factor, even though it was a pioneer in the foldables space. Due to the fact that Xiaomi, Honor, and Huawei have been pushing foldables in the region at significantly lower price points than Samsung, they have also been able to gain a lot of traction and surpass Samsung in sales.

Although there have been earlier rumors that Samsung is working on a more reasonably priced foldable, those projects have never resulted in a finished device. Most recently, in November 2023, rumors surfaced that a foldable with a price in the “mid-range” will be released; however, Samsung refuted this notion, noting that the gadget would still be more expensive than necessary.