Coming soon: ₹2 lakh foldable smartphones from Samsung and Apple

“If you look at the historical price trajectory over the past two years, phone prices have been rising steadily even in the flagship segment,” said Manish Khatri, partner at Mumbai-based electronics retailer Mahesh Telecom. “Most reports suggest that Samsung’s next new foldable device and Apple’s first foldable smartphone will both be released this year. If this is true, then these devices will have a significantly higher engineering cost anyway, which, combined with very high memory chip prices, will likely cause the phones to violate standards.” ₹2 lakh price points this year.”