In order to cut down the price attached to its foldable smartphones, Samsung is planning to start producing foldable glass on its own. At present, the Korean giant has been getting supplies supplies from its sister company, Samsung Display. If the firm’s plan goes through, then the price of foldables may start dropping, thus making them more affordable than ever before.
Currently, the cheapest foldable smartphone by Samsung is the Galaxy Z Flip and that will will cost you about $1,400. Of course, that is not even close to the term affordable in reality and even the company knows that. A flat glass on normal mobile devices costs just $2 while the foldable glass used on Galaxy Z Flip has a thickness of 30 micrometers and costs a whopping $40 to produce.
The foldable glass, known as UTG (Ultra-Thin Glass), used in the Galaxy Z Flip is manufactured by DOWOO INSYS whose biggest shareholder is Samsung Display, who then incorporates its OLED panel with the glass and supplies the final product to Samsung Electronics. However, if the phone maker can produce its own foldable glass, Samsung Electronics can compete directly with its sister company. This could lead to competition between other folding glass makers over the years, eventually bringing down the cost.
As a matter of fact, Samsung Electronics is already in talks with multiple foldable glass manufacturers. But, it is not certain if the company will succeed in signing a deal but if it does, we can expect foldable smartphones to get cheaper in the coming years.