Samsung could launch a cheaper Galaxy Fold with 256GB storage

As South Korean tech giant Samsung is all set to roll-out its much-awaited foldable smartphone ‘Galaxy Fold’ on September 6, a new report now suggests that a cheaper Galaxy Fold device for $1,000 is in the works.

The current Galaxy Fold handset is priced at nearly $2000 which is not an amount most people are willing to pay and is not accessible to a larger segment of the population.

The company is planning to use a cheaper design for bringing down its price with just 256GB of internal storage, half of what the current Galaxy Fold offers at 512GB, SamMobile reported on Friday.