Possible budget folding Samsung phone spotted

The new model number matches the Galaxy Z series

Samsung Galaxy Z Flip
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At this point in time, folding phones haven’t fully saturated the market just yet. With the technology relatively new and still a bit experimental, the folding smartphones that are available normally carry a pretty heft price tag. Microsoft’s Surface Duo or Samsung’s Galaxy Z Flip, for example, are both priced at around $1500.

But a report from SamMobile says that Samsung may possibly release a more affordable, budget-friendly folding phone soon. With the company still very active in its push for foldable devices, the release of a more reasonably priced device isn’t that farfetched.

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A new device bearing the model number SM-F415 has been found in the company’s pipeline and, following Samsung’s patterns, the “F” would most probably indicate a folding device because of the model numbers used for the Galaxy Z series. There aren’t a lot of details to go on but it will allegedly have two storage variants, 64GB and 128GB, and will come in black, green, and blue colors.

SamMobile speculates that the price will hover around $600 – $700 if Samsung were to downgrade a couple of features and specs. Internally, the device could adopt mid-range processors and parts to help bring down the price. Additionally, the company could possibly do away with some hardware features like the cover display.

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Though, it should be noted that these are all still speculations and that nothing has been officially confirmed by Samsung. While the idea of an affordable foldable phone seems like a step in the right direction, we’ll just have to wait for official announcements from the company.