Samsung plans to expand the price range of foldable smartphones, as per a report. The company revealed this in its conference call for the quarter. And Samsung will continue to strengthen its portfolio in the foldable category in 2021. Samsung foldable phones price is on higher side.
At the conference call, Samsung revealed that it’s expanding the price range of foldable smartphones as well. Hence we would likely see foldable handsets with a bit more affordable price tag. At the moment, foldable devices only account for a small fraction of the company’s total smartphone sales. But Samsung projects to grow every year. Despite seeing a strong third quarter, Samsung is expecting profits and sales to drop by the final quarter due to increased competition from its rivals during year end sales.
Meanwhile, according to a recent report, Samsung’s upcoming foldable phone will come with an S Pen. The report says that Samsung filed a patent for the same back in April, and describes Samsung’s plans of making future foldable phones compatible with the S Pen.