CNN —Samsung is doubling down on its foldable smartphones with a range of new features, but it’s not updating what’s arguably been the single biggest deterrent for customers: the high price tag. At its annual Unpacked event on Wednesday, held in Samsung’s home country of South Korea for the first time, the company announced updates to its tablets, smartwatches and foldable devices. The event focused on the arrival of Samsung’s fifth generation foldable smartphones: the 6.7-inch Z Flip5, which folds into a 3.4- inch device; and the 6.2-inch Galaxy Z Fold, which opens like a book into a 7.6 inch device. Drew Blackard, vice president of mobile product manager at Samsung, said he believes prices will fall and foldable devices will one day become flagship devices. The Samsung Galaxy Fold5.

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Persons: What’s, Drew Blackard, ” Organizations: CNN, Samsung, Samsung Samsung, Counterpoint Research, iDC, Samsung Galaxy, Galaxy Locations: South Korea, foldables