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Smartphone manufacturers still want to make foldables a thing
(arstechnica.com)
This is a most excellent place for technology news and articles.
But that's why they want foldable phones to be a thing.
And why the market took a dive. Phones were 200-300. Then the iPhones and Galaxy's jumped them to 500-700. Now any top tier is 1000 plus and people's income has not compensated. As well as the rest of the crap you need to have all those new phones.
They are completely out of touch with normal everyday working people's incomes and financial needs.
I think a compounding factor is that the lifespan of phones has also increased. Phone manufacturers are no longer selling a new model to the same user each year.
Also the providers aren't subsidizing the costs as much, probably after realizing that betting on people staying on their plan past the end of the contract led to people just chasing those incentives at other providers once their contract was up.
Not that they aren't subsidizing phones still, they just aren't throwing a hundred or two in gift cards or prepaid credit cards on top of the phone anymore.