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Samsung Developing Foldable Smartphone for ~$999

SamMobile reported Samsung’s new budget foldable (model number SM-F415), feature a clamshell design
(The SM-Fxx designation has been reserved for Samsung’s folding Galaxy devices) 
 
The report says that the SM-F415 will be available in 64GB or 128GB storage configurations, which is well below the 256GB available with the Galaxy Z Flip 5G, in order to reduce costs. Perhaps the biggest area where Samsung could make some cuts would be with the SoC. The Galaxy Z Flip uses last year’s flagship Qualcomm Snapdragon 855 SoC, while the new Galaxy Z Flip 5G features the Snapdragon 865+ in combination with the Snapdragon X55 5G modem. This new budget clamshell could sneak in a still potent Snapdragon 765G with its integrated 5G modem to hit a lower price point. With these changes, Samsung hit an introductory price of $999, compared to the $1,499 of the Z Flip 5G, which has 6.7” and 1.1” OLED displays, which probably wouldn’t get any smaller.