About 2 months before the official release of Galaxy Z Fold 3 and Galaxy Z Flip 3, the latest news is that the prices of these two foldable phones may be lower than expected. According to the news, Samsung plans to make major price adjustments to the foldable mobile phone business. The starting price of Flip 3 will be at $1,000, which will impact the iPhone 12 Pro series.
Citing a report from SamMobile, Samsung is considering lowering the prices of Fold 3 and Flip 3 by 20%, so that the starting prices will be US$1,100 and US$1,599 respectively. Although this price is still not very friendly to ordinary users, it is much cheaper than the previous two generations. Samsung usually provides a lot of incentives to reduce the initial out-of-pocket cost of new devices, and new foldable devices should get the same treatment.
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Samsung indicated earlier this year that it is willing to significantly extend the free trial period of foldable phones and has already cut the prices of existing models. These signs indicate that Samsung’s goal is indeed to get more buyers to switch to its foldable devices. Lowering the entry price of its latest foldable phone will also help Samsung maintain a competitive advantage.
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