OnePlus, the Chinese smartphone maker, is reportedly working on its first foldable phone. The phone, which is codenamed "OnePlus Open," is expected to be released in India later this year.

According to a report by 91Mobiles, the OnePlus Open will be priced lower than Samsung's Galaxy Fold in India. The Galaxy Fold is currently priced at Rs. 1,54,999 in India. The OnePlus Open is expected to be priced at around Rs. 1,20,000.

The OnePlus Open is expected to have a 6.7-inch AMOLED display when unfolded. The display will have a 120Hz refresh rate. The phone is also expected to have a 4,000mAh battery.

The OnePlus Open will be powered by the Qualcomm Snapdragon 8 Gen 1 processor. It will have 12GB of RAM and 256GB of storage. The phone will run on Android 13 out of the box.

OnePlus is expected to launch the OnePlus Open in India in the third quarter of 2023. The phone will be available in two colors: black and white.

If the OnePlus Open is priced lower than the Samsung Galaxy Fold, it could be a popular choice for consumers in India. Foldable phones are still relatively expensive, but the OnePlus Open could make them more affordable for a wider range of people.

OnePlus has a reputation for offering high-quality smartphones at competitive prices. If the OnePlus Open can live up to that reputation, it could be a major player in the foldable phone market in India.

Here are some of the reasons why the OnePlus Open could be priced lower than the Samsung Galaxy Fold:

• OnePlus is a newer company than Samsung, and it does not have the same brand recognition. This means that OnePlus can afford to price its phones lower in order to compete with more established brands.
• OnePlus phones are typically made with high-quality materials, but they are not as expensive as Samsung phones. This is because OnePlus uses less expensive components in its phones.
• OnePlus phones are often released in India first, which gives the company a chance to test the market and get feedback from consumers before releasing the phone in other countries. This allows OnePlus to price its phones lower in India, where the cost of living is lower than in other countries.

Overall, the OnePlus Open has the potential to be a popular choice for consumers in India who are looking for a high-quality foldable phone at a lower price. If OnePlus can deliver on its promise of a high-quality foldable phone at an affordable price, the OnePlus Open could be a major player in the foldable phone market in India.