Cheaper Galaxy Z Fold 6 rumored to launch this year with $800 price tag

Update: The earlier version of the story speculated that the upcoming cheaper foldable would be a Galaxy Z Flip 6 version. However, it now seems that the report could be talking about a cheaper version of the Galaxy Z Fold 6.

There have been reports that Samsung plans to launch two Galaxy Z Fold 6 phones this year. The cheaper of the two was expected to cost around $1,000 or $1,200. However, a new report claims that the South Korean firm will launch a cheaper Galaxy Z Fold 6 version this year with an even cheaper price tag to improve its sales figures.

Cheaper Galaxy Z Fold 6 could have same cameras as Z Fold 5

According to a new report from SisaJournal (via @Tech_Reve), Samsung is planning to launch a more affordable version of its Galaxy Z Fold series phone this year. It will reportedly be priced at just $800. If this is really the case, it would make the device really interesting. While the device's name hasn't been speculated, it wouldn't be hard to imagine that Samsung could name it the Galaxy Z Fold 6 FE.

The upcoming foldable phone could have lower-end/older components than the Galaxy Z Fold 6. According to the report, it will have cheaper display, processor, and battery specifications. The Galaxy Z Fold 6 FE cameras, though, are expected to be similar to the pricier Galaxy Z Fold 5. So, it will likely feature a 50MP+12MP+10MP triple-camera setup, and there have been no major changes in camera components. However, this point isn't very clear, so we should wait for more details on this matter.

Samsung's foldable smartphone market share has dropped from 66.4% to 60.4%, which is expected to drop further in the second quarter of this year. Samsung is reportedly trying to increase its market share by launching a more affordable foldable phone.