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 can be reduced by lightening the specifications of the Galaxy Z Flip FE. 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 may 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 foldable products at low prices. Smartphone shipments in the country grew about 3% year-on-year in the third quarter of this year. However, the value of smartphones increased by around 12% in the third quarter. Samsung continues to hold first place in this market with a share of approximately 23 percent. According to market research firm Counterpoint’s monthly smartphone tracking report, smartphone volume grew nearly 3 percent year-on-year in the third quarter of the current year. However, the value of smartphone shipments increased by around 12 percent and reached a quarterly all-time high.
As in previous quarters, Samsung continues to occupy the number one position in this market with a share of approximately 23 percent. The company added the Galaxy AI to its affordable mid-range and A-series premium smartphones. This helped Samsung increase its sales. iPhone maker Apple ranks second in the smartphone market with a share of 21.6 percent. Ahead of the country’s holiday season, the company enjoyed strong 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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