Samsung this year launched its foldable smartphone Galaxy Z Flip in India. The company has now announced reduction of Rs.7000 in its actual price. The new Samsung Galaxy Z Flip was priced at Rs.1,15,999, which has now been reduced to Rs.1,08,999. Samsung has started an upgrade program and a no-cost EMI option for the device. While upgrading the device, users can get a bonus of Rs.8,000, but this scheme is applicable only for select smartphones. The no-cost EMI option of purchase of Galaxy Z Flip is available for all banks in India. Galaxy Z Flip has a 6.7-inch FHD+ Dynamic AMOLED display with a small 1.1-inch Super AMOLED display outside. The foldable device is powered by Qualcomm’s Snapdragon 855+ octa-core processor.