Foldable Phones Get a Pricey New Era With Apple's Entry

Major smartphone makers are expected to enter the foldable phone market, with Apple reportedly joining Google and Samsung in offering devices with larger screens. The Galaxy Z Flip8 from Samsung is one example of a popular foldable phone, but its price tag of $2,000 may be a barrier for some consumers.

Companies hope that the additional screen space will convince buyers to spend more on these devices. However, there's a risk that consumers won't find the extra cost worth it.

The market is expected to expand further with Apple's entry, but it remains to be seen whether foldable phones will become mainstream or remain a niche product.