We have often heard rumors that Samsung will release a cheaper foldable phone in order to better compete in the ever-growing foldable phone market However, cheaper could mean a lot of things, and the question we have been having is: What will the actual price of this phone be? We may now have the answer

The report is by Sisa Journal, which claims that the foldable will cut costs by using lower-end technology than the flagship Galaxy foldables, namely the upcoming Galaxy Z Fold 6 and Galaxy Z Flip 6 The company claims that the Galaxy Z Fold 6 and Galaxy Z Flip 6 will be priced at $800 and $800 respectively In addition, the phone itself could be priced at less than $800

Still, that's a lot of money for a cell phone Just as the Samsung Galaxy A55 is cheap, this is not cheap It is cheap in the same way that the Samsung Galaxy S24 is cheaper than the Galaxy S24 Ultra The report does not name this phone, but it could be called the Galaxy Z Fold 6 FE

So what kind of hardware will the new foldable be, according to Sisa Journal, which says the new foldable will have "lower application processor, display, and battery specs" than the flagship Presumably Samsung will use Qualcomm's just-announced Snapdragon 8s Gen 3 chip

Sisa Journal also claims that we can expect a camera similar to existing Galaxy foldables It claims that it will include a design structure and hardware similar to the Z Flip 5 and Z Fold 5, and will be a "dual camera module"

It is unclear what kind of design Samsung is going for, but a cheaper version of the Z Fold 6 would certainly be more attractive than a Z Flip 6 at $800 After all, the current flip-fold is only $999, and $800 is not a particularly big price cut compared to that Especially when compared to the $699 Motorola Razr, for example

However, to cut the price of the Z Fold model in half would likely require a very drastic price cut Of course, we won't know for sure until Samsung actually announces this new inexpensive foldable, which will probably take place at the Galaxy Unpacked event this summer

Until then, stay tuned to our Samsung Galaxy Z Flip 6 and Samsung Galaxy Z Fold 6 hub for the latest news and rumor updates