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Samsung is working on a budget foldable with model number SM-F415

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Samsung is the only company to sell foldable smartphones on a large scale. The South Korean tech giant has so far launched four foldable devices under its Galaxy Z series; they are Galaxy Fold, Galaxy Fold 5G, Galaxy Z Flip, and Galaxy Z Flip 5G. The fourth and fifth devices – Galaxy Z Fold2 and Galaxy Z Fold2 5G are expected to launch next month. But none of them is affordable. Hence, to lure more customers, the firm is working on a budget foldable smartphone.

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It is not the first time we are hearing about an affordable foldable handset from Samsung. In late June, a report claimed the chaebol to have postponed the launch of this phone to next year – 2021. The exact marketing name of this product is a mystery.

But now, an exclusive leak by SamMobile reveals this smartphone to carry model number SM-F415. For those unaware, Samsung uses SM-Fxxx for its Galaxy Z series phones. Also, the leak claims this handset to come in 64GB and 128GB storage configurations.

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Unfortunately, that’s the only information the publication has managed to procure so far. It is not known how cheap it will be compared to the current-gen foldables from the company. To lower the price, it may come with a mid-range processor and inferior cameras.

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Anyway, it is a good sign for the commercialization of foldables. Soon, we may find this form factor in every price segment in no time if it all goes fine like the smartphone revolution.

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