(9 days left!) Be the first with a 200MP camera! Visit Samsung to reserve and gain $100 in Samsung credit!

SamMobile has affiliate and sponsored partnerships. If you buy something through one of these links, we may earn a commission. Learn more.

Samsung is readjusting the Galaxy Z Fold 2 price by ~$500


Last updated: April 2nd, 2021 at 14:35 UTC+02:00

Samsung’s best foldable device yet is now available at a considerably lower price in South Korea. The Galaxy Z Fold 2 was released in Samsung’s home country last year for 2.398 million won ($2.122) but the same foldable flagship can now be purchased at Samsung’s online store in Korea for 1.892 million won ($1,674) without trade-in.

What’s more is that this doesn’t seem to be a limited-time deal. Reports from the local media suggest that Samsung has permanently lowered the price of the Galaxy Z Fold 2 in an attempt to bolster the popularity of its foldable device series. With that in mind, it is possible that Samsung will soon lower the price of the Galaxy Z Fold 2 in other markets as well.

Samsung’s preparing for its rivals, or the Galaxy Z Fold 3. Maybe both

Samsung had a head start in the foldable race but a few of its rivals are now readying their own foldable solutions for the market. The Xiaomi Mi Mix Fold was recently unveiled in China where it will hit the shelves for around $1,500, so the recent Z Fold 2 price reduction brings it closer to the same price range.

Samsung may have decided to lower the price of its Galaxy Z Fold 2 because of Xiaomi’s competitive pricing, but then again, the Mi Mix Fold is a China-exclusive device so it shouldn’t be much of a threat for the Galaxy Z Fold 2 in other markets.

There’s another potential reason why Samsung has shaved $500 off the Galaxy Z Fold 2 price, and that’s because a sequel is expected to be introduced in about half a year from now. But whether the Galaxy Z Fold 3 will be released for a similar $2,000 price as it’s predecessor remains to be seen. Until then, here’s hoping that the Galaxy Z Fold 2 will get a permanent ~$500 price cut overseas as well.

PhoneTablet Galaxy Z Fold 2South Korea
Load 3 comments

You might also like

New leak lends more credibility to Galaxy S23 price hike for Korea

More pricing details for the upcoming Galaxy S23 series have emerged, this time for Samsung’s home market, South Korea. And it’s a bit of mixed news. The leak suggests that the Galaxy S23 series won’t get as big of a price hike as the previous rumors suggested, but it will be slightly more expensive than […]

  • By Mihai Matei
  • 5 days ago

Samsung’s World Expo 2030 ad in Switzerland targets 2,700 leaders and top officials

Samsung’s efforts to bring World Expo 2030 to Busan, South Korea, have not ended. And in its latest bid to host the upcoming Expo, the company installed a large digital outdoor advertisement in Davos, Switzerland, right around the celebration of the annual meeting of the World Economic Forum, held between January 16 and the 20th […]

  • By Mihai Matei
  • 6 days ago

These phones will get One UI 5.1 update soon after Galaxy S23 launch

It is expected that Samsung will debut the Galaxy S23 series with Android 13-based One UI 5.1 software onboard. Going by the company’s track record, the new software will be rolled out to previous-generation high-end phones first, then to tablets and mid-range smartphones. Well, Samsung has now confirmed which phones will get the One UI […]

  • By Asif Iqbal Shaik
  • 1 week ago

Galaxy S23 rumor alleges price hike compared to 2022 models

Samsung may announce the Galaxy S23 series in the first week of February. The lineup should consist of a base, a Plus, and an Ultra model, and alleged prices for the Galaxy S23 lineup in South Korea have now surfaced, suggesting that the trio of flagship phones will be more expensive than the Galaxy S22 […]

  • By Mihai Matei
  • 3 weeks ago

Samsung explains its improved connected home strategy at CES 2023

During the ongoing Consumer Electronics Show, CES 2023, Samsung shared its strategies and commitments to create a better-connected world for a sustainable future. Speaking at a press conference, Samsung and its partners highlighted their efforts to bring “calm to the connected device experience.” The South Korean giant expressed that they are always prioritizing the environment […]

  • By Sagar Naresh
  • 3 weeks ago

SmartThings Station is a wireless charger with built-in SmartThings Hub

Apart from a bunch of exciting new products, including home appliances and TVs, Samsung unveiled the SmartThings Station at CES 2023. For starters, it is a multi-talented device that can control all of your SmartThings or Matter-compatible smart home devices and wirelessly charge your phone or wireless earbuds. The SmartThings Station comes with a physical button […]

  • By Sagar Naresh
  • 3 weeks ago