Samsung Electronics has slashed the price of its foldable phone, the Galaxy Z Flip 3
Samsung Electronics has slashed the price of its foldable phone, the Galaxy Z Flip 3, by around 50% in overseas markets. The phone has generated a lot of buzz for its unprecedented value for money (performance relative to price), with some online retailers selling out immediately upon release. According to overseas media outlet SamMobile, Samsung Electronics has lowered the price of the Galaxy Z Flip 3 by almost half in the Indian market. The 128GB model can be purchased for KRW 790,000 (INR 49,999), a discount of about 50% from the original price of KRW 1.52 million (INR 95,999) on India's largest online shopping mall Flipkart. The news of the half-price discount for the Galaxy Z Flip 3 has spread widely, and all units were sold out in a flash. It seems that Samsung Electronics is trying to sell off its remaining stock of the old foldable phone by lowering its price. The Galaxy Z Flip 3 was also released in Korea at a reduced price of KRW 1,056,000 from its original price of KRW...