Mobile press office – South Korean smartphone maker Samsung may launch an affordable variant of its Galaxy Z Flip smartphone. This could be the Galaxy Z Flip FE. Recently, the company introduced the special edition model of the Galaxy Z Fold 6. It was priced higher than the standard variant of this smartphone. The price of the Galaxy Z Flip FE can be reduced by reducing the specifications slightly.
Tipster @eyes1122 said in a post on South Korean blogging platform Naver that preparations are underway to launch an affordable variant of the Galaxy Z Flip smartphone. This smartphone may be launched next year. It can be brought with Samsung’s upcoming foldable smartphones – Galaxy Z Fold 7 and Galaxy Z Flip 7. Recently, while announcing the results of the third quarter of the current year, Samsung had said that it is working on the ways to offer low-cost foldable products. In the third quarter of this year, smartphone shipments in the country increased by around 3% year-on-year.
However, the price of smartphones increased by around 12% in the third quarter. Samsung remains in first position in this market with around 23 percent share. According to market research firm Counterpoint’s monthly smartphone tracking report, smartphone volume grew about 3 percent year-on-year in the third quarter of the current year. However, the value of smartphone shipments increased by almost 12% in a quarter to reach an all-time high.
As in previous quarters, Samsung continues to occupy the first position in this market with a share of approximately 23 percent. The company added the Galaxy AI to its premium mid-range and affordable A-series smartphones. This helped Samsung increase its sales. iPhone maker Apple occupies the second position in the smartphone market with a share of 21.6 percent. Ahead of the country’s festive season, the company enjoyed huge demand for iPhone 15 and iPhone 16 series smartphones. Chinese smartphone maker Vivo ranks third with around 15.5% share. market share.
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