Credit: ZTE
- ZTE is launching a new foldable created for the midrange market.
- The Libero Flip has a similar design to the Galaxy Z Flip 5.
- The new foldable is being sold for $420, but it’s currently up for pre-order for $265.
If there’s one thing foldable phones are known for, it’s how expensive they can be. But ZTE may change that perception with the Libero Flip, which has claimed the title of the cheapest foldable phone currently on the market.
First spotted by The Verge, ZTE is selling the Libero Flip in Japan for only $420. It’s even more affordable if you pre-order, as the company will cut the price down by $155, which would put it at $265. That’s a steal compared to the $1,000 price tag that comes with the Galaxy Z Flip 5.