Samsung Preparing to Launch Galaxy Z Flip FE, Affordable Version of Galaxy Z Flip

South Korean smartphone maker Samsung can launch an affordable variant of its Galaxy Z Flip smartphone. This could be Galaxy Z Flip FE. Recently the company introduced the Special Edition model of Galaxy Z Fold 6. Its price was higher than the standard variant of this smartphone.

The price can be reduced by lightening the specifications of Galaxy Z Flip FE. Tipster @yeux1122 has said in a post on South Korea’s blogging platform Naver that preparations are being made to launch an affordable variant of the Galaxy Z Flip smartphone. This smartphone can be launched next year. It can be brought with Samsung’s upcoming foldable smartphones – Galaxy Z Fold 7 and Galaxy Z Flip 7. Recently, during the announcement of results in the third quarter of the current year, Samsung had said that it is working on ways to bring low-priced foldable products.

In the third quarter of this year in the country smart fone Shipments have grown by nearly three percent on a year-on-year basis. However, the value of smartphones has increased by about 12 percent in the third quarter. Samsung continues to hold the first rank in this market with about 23 percent share. According to the monthly smartphone tracker report of market research firm Counterpoint, the volume of smartphones has increased by almost three percent on a year-on-year basis in the third quarter of the current year. However, the value of shipments of smartphones has increased by about 12 percent and has reached a record level in a quarter.

Similar to previous quarters, Samsung continues to hold the number one position in this market with about 23 percent share. The company has added Galaxy AI to its mid-range and A series affordable premium smartphones. This has helped Samsung in increasing sales. iPhone maker Apple ranks second in the smartphone market with 21.6 percent share. Before the festive season in the country, the company has benefited from high demand for iPhone 15 and iPhone 16 series smartphones. Chinese smartphone maker Vivo is in third place with about 15.5 percent market share.