South Korean technology giant Samsung will introduce its new foldable phones at the event it will hold at the end of July. Just days before the launch, it has been revealed how the Galaxy Z Flip 5 will be released with a price tag. It looks like there will be a serious jump in price.

According to the price information from Greece, the basic variant of the Galaxy Z Flip 5 with 8 GB of RAM and 128 GB of storage will be available for a price of 1,299 euros. For comparison, let's remind you that the Galaxy Z Flip 4 was launched with a starting price of 1,099 euros. Information reflected on the internet shows that there will be an increase of nearly 20% in price. The Samsung Galaxy Z Flip 5 will also offer some improvements with the price increase. We will see a larger cover screen like 3.4 inches on the device. The previous model was available with a 1.9-inch external display.

One of the upgrades of the South Korean giant will also be related to the processor. The Galaxy Z Flip 4, which debuted last year, featured the Snapdragon 8+ Gen 1 chipset. The new model will be powered by Snapdragon 8 Gen 2. There are also some improvements to the camera.