Samsung Denies Plans for $400 Foldable Smartphone in Upcoming Year

Unfolding the Truth: No Mid-Range Foldable from Samsung in Sight

There was a whirlwind of excitement when whispers about a potential new affordable foldable device from Samsung began swirling around, with speculative price tags astonishingly low as "£300 to £375". Unfortunately for enthusiasts, Samsung has officially denied these claims, putting an end to the hopeful chatter.

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A Definitive Response from a Trusted Source

An announcement from a Samsung Electronics spokesperson made it clear: "We don't plan to manufacture foldable smartphones that are priced in the midrange, and the latest rumors are groundless." This response leaves no ambiguity about Samsung's position on the matter.

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Moto's Mid-Range Monopoly

With Samsung's clear stance on not entering the mid-range foldable market, Motorola stands alone with their Razr lineup. The Motorola Razr 2023 hit the market with an initial price of roughly £525, but has since seen a price drop to just about £375, which sits comfortably within the range of what was speculated for Samsung's non-existent entry.

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Motorola Razr 40 / Razr (in the US)

Potential Future Unveilings?

Ending on a note sprinkled with a dash of optimism, the same Samsung spokesperson left a glimmer of hope for those dreaming of a more accessible foldable future, saying: "There's nothing decided on the matter." Perhaps there's room for some surprise developments down the line!