Samsung is the only company to sell foldable smartphones on a large scale. The South Korean tech giant has so far launched four foldable devices under its Galaxy Z series; they are Galaxy Fold, Galaxy Fold 5G, Galaxy Z Flip, and Galaxy Z Flip 5G. The fourth and fifth devices – Galaxy Z Fold2 and Galaxy Z Fold2 5G are expected to launch next month. But none of them is affordable. Hence, to lure more customers, the firm is working on a budget foldable smartphone.

It is not the first time we are hearing about an affordable foldable handset from Samsung. In late June, a report claimed the chaebol to have postponed the launch of this phone to next year – 2021. The exact marketing name of this product is a mystery.

But now, an exclusive leak by SamMobile reveals this smartphone to carry model number SM-F415. For those unaware, Samsung uses SM-Fxxx for its Galaxy Z series phones. Also, the leak claims this handset to come in 64GB and 128GB storage configurations.

Unfortunately, that’s the only information the publication has managed to procure so far. It is not known how cheap it will be compared to the current-gen foldables from the company. To lower the price,  it may come with a mid-range processor and inferior cameras.

Anyway, it is a good sign for the commercialization of foldables. Soon, we may find this form factor in every price segment in no time if it all goes fine like the smartphone revolution.

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