Samsung 'Galaxy Fold Lite' tipped to debut later this year with $1,100 price tag

Samsung's Galaxy Fold, despite being an impressive engineering feat, has failed to achieve commercial success. The biggest reason behind that is the phone's steep $1,980 price tag. Samsung's Galaxy Z Flip, which isn't quite as impressive as the Fold in terms of specs, has managed to grab a lot more attention from consumers, thanks to its significantly more affordable price tag. If a new rumor is to be believed, Samsung could launch an even more affordable foldable smartphone later this year.

https://twitter.com/MaxWinebach/status/1260229743737266178

As per Max Weinbach, the upcoming foldable phone could be called the Galaxy Fold Lite and is likely to have a smaller outer display than the Galaxy Fold. While there is no word on the size of the main display, Weinbach says the phone will not have an ultra-thin-glass display. That could mean the Galaxy Fold Lite's display will be as vulnerable to cracks as the Fold.

In a few areas, however, the "Lite" model may actually have the edge over the Galaxy Fold. It is said to be powered by a Snapdragon 865 processor, which would make it more powerful than both the original Fold and the Galaxy Z Flip. It is also tipped to come with 256GB storage, and a premium design with an aluminum frame and glass on the outside.

Weinbach claims the Galaxy Fold Lite will be priced at $1,099, which would make it just $99 more expensive than the base Galaxy S20. Unlike the Galaxy S20, however, the Fold Lite will not offer 5G connectivity.

https://twitter.com/DSCCRoss/status/1260359285751582720

According to Display Supply Chain Consultants CEO Ross Young, however, the phone is likely to be called the "Galaxy Fold Special Edition" and might be launched worldwide in July.