Samsung, which dominates the foldable smartphone market, says it is working on a cheaper foldable phone. Samsung is preparing to launch fourth-generation foldable phones, and so far Samsung’s foldable phones are priced at $ 1,000 and above. The Galaxy Z Flip 3, arguably the cheapest, starts at $ 999. According to South Korea’s ETNews, Samsung is launching a more affordable foldable phone.

According to the report, Samsung is launching the Galaxy Z Flip and Galaxy Z Fold, which are cheaper than the current Galaxy Foldable Lineup and will cost less than 1 million won. Is this price for both Galaxy foldable models? It is unknown at this time what he will do after leaving the post.

The current cheapest Galaxy Z Flip 3 is priced at 1.25 million won in Korea. According to ETNews, cheaper foldable product models will become part of the Galaxy A product and will not include premium features as they will be cheaper. It does not say what features will be removed to reduce the price.

Cheaper Galaxy Foldable products come with a mid-range MId-Range processor and lower RAM / storage, as well as earlier camera and screen technologies. It is expected to launch the Galaxy Foldable for less than $ 800 in 2024.

Samsung boosts foldable display production by nearly 50%

Samsung Display is reportedly raising its foldable screen output by 47%. According to the Korean Economic Daily, Samsung Display Factory in Bac Ninh, Vietnam. It will increase its production of foldable displays from 17 million to 25 million a year by the end of 2021 and the beginning of 2022. Of those displays, 10 million will be for the new Galaxy Z Fold, and the remaining 15 million will be for Galaxy Z flip ‌ models.

Samsung has recently released the foldable phones Galaxy Z Fold 3 and Galaxy Z Flip 3. In South Korea, the latest two foldable phones have sold 92,000 units for pre-order. China has also pre-ordered up to 1 million units of the Galaxy Z Fold 3 and Galaxy Z Flip 3.

Samsung’s first foldable phone, the Galaxy Fold, sold just 500,000 units worldwide, followed by the Galaxy Z Fold 2 and Galaxy Z Flip. They sold a total of 1.5 million units. According to the Korean Economic Daily, Samsung launched the latest Galaxy Z Fold 3 and Galaxy Z Flip 3, with 3 million units shipped in two months. Third-generation foldable models said to have 1.8 times more pre-orders in South Korea than the latest Galaxy S21. Samsung’s foldable phones are leading the market and number one in the world of foldable phones. Rival smartphone companies are still trying to come up with foldable phones like Samsung, but so far no marketable foldable phones released.

Samsung launches world’s first 3nm chips

South Korean company Samsung has become the first company to mass-produce an advanced 3nm chip. Samsung will build 3nm chips at South Korea’s Hwaseong semiconductor plant and Pyeongtaek Plant, the world’s largest semiconductor plant. US President Joe Biden also visited to Samsung’s third chip plant, Pyeongtaek in May.

Samsung Foundry announced on Thursday. It launched a number of first-generation 3nm chips based on the new GAA (Gate-All-Around) transistor structure after FinFET transistor technology. Compared to 5nm technology, 3nm chips have 23% better performance; It saves 45% on power consumption and reduces surface area by 16%.

The GAA transistor design minimizes the transistor site without compromising the conductivity of the transistors. Samsung claims that the second-generation 3nm node uses 50% less power consumption than the current 5nm technology, 30% better performance and 30% less surface area.

Samsung announced last year that it would invest 171 trillion won ($ 132 billion) in logic chip. They will invest in metallurgical industries in 2030. Samsung is also working on a $ 17 billion semiconductor plant in Texas. Samsung Semiconductor Manufacturing Company (TSMC), a leading chipmaker. It is able to produce advanced 3nm chips, an important milestone for Samsung.

TSMC expects to begin production of the 3nm chip in the second half of this year. They plans to launch the 2nm chip in 2025. Currently, TSMC has announced that it will invest $ 100 billion to expand chip production over the next three years.