Honor Magic Vs3 foldable might beat Samsung’s cheap new Galaxy foldable to market

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Chinese vendor Honor teased the Honor Magic Vs3 foldable phone in China well before Samsung showed off its cheap Galaxy Z Fold 6 variant.

One of the most exciting Galaxy foldable rumors of the year was that Samsung would launch a cheaper Fold-type device in 2024. The more affordable handset would help the Korean giant combat China-based rivals. That rumor evolved over the past few months. We don't expect the cheap new foldable to be a part of Samsung's Unpacked press event in Paris this week. Instead, the cheaper version of the Galaxy Z Fold 6 handset might launch in September or October.

Honor is coming after Samsung with its foldables, which include the Magic V Flip and Magic V Purse. The reservation listing shows the same images. The phone features a relatively wide external display and a large camera on the back in the left corner, similar to most non-foldable phones. The Magic V3 flagship will feature a centrally-located camera module. That's another indication the Magic Vs3 is a distinct device.

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