After weeks of anticipation, Samsung has finally announced the next generation of its foldable smartphones. There were all sorts of rumors leading up to the Galaxy Unpacked event, and now Samsung has made the Galaxy Z Fold 3 and Galaxy Z Flip 3 official.

What's New With the Samsung Galaxy Z Fold 3?

Samsung announced its new flagship foldable phone, and it has some pretty impressive specs. But before we get to those, you're probably wondering about the price: Samsung is releasing the Galaxy Z Fold 3 starting at $1,799.99. That is a bit cheaper than the previous generation's phone, which launched at $1,999.99. Coming out of the gate at $200 cheaper could be a big deal, as it makes the foldable technology attainable for more people.

As far as the specs go, Samsung packed just about everything under the hood of this phone. Starting with the screen, the company included a 7.6-inch foldable display as the primary viewing option. That screen features a 2208 x 1768 resolution and 120Hz refresh rate.

There's also a 6.2-inch outer screen, which is bigger than a lot of the main screens on most phones. The external display is also 120Hz, and it features a 2268 x 832 resolution.

As for the processor, there's a 5nm 64-bit Octa-Core processor supplying the power to those massive screens. There's also 12GB of RAM and up to 512GB of internal storage, depending on which model you get. Samsung is running One UI based on Android 11 out of the box.

The triple camera system looks solid, though it won't necessarily blow you away. There's a 12MP ultra-wide, a 12MP wide-angle, and a 12MP telephoto on the back of the phone. It also comes with a 4MP under-display camera and a 10MP selfie camera.

Keeping this hefty phone alive for as much of the day as possible is a dual-battery system with 4,400mAh. There's also 25W wired fast charging, 10W fast wireless charging, and 4.5W reverse charging for keeping your other devices up and running.

As is always the case with new high-end phones, the Samsung Galaxy Z Fold 3 comes with support for 5G connectivity, so as long as you have that where you live, you'll get the fastest possible data speeds.

Samsung announced three colors for the device---Phantom Black, Phantom Green, Phantom Silver.

All in all, it seems that Samsung did an excellent job of increasing the power and specs of the Galaxy Z Fold 3 while slightly dropping the price. But, will the decrease in price be enough to entice buyers who were reluctant to drop $2,000 on a phone? We'll have to wait and see.

What's Up With the Samsung Galaxy Z Flip 3?

Not content to release a single folding phone, Samsung also announced the clamshell-designed Galaxy Z Flip 3. It is quite a bit cheaper than the Fold 3, coming with a $999.99 price tag, which is a price that consumers are far more comfortable with in terms of flagship phones.

As far as the screens, Samsung brings a 6.7-inch, 120Hz primary display with a 2640 x 1080 resolution to the table. On the outside, there's an adorable little 1.9-inch screen with a 260 x 512 resolution. Don't let the low resolution fool you because that's still a 302ppi pixel density.

Powering this phone is the same 5nm 64-bit Octa-Core processor as its larger sibling, so you're still going to get lots of performance. However, the RAM is reduced to 8GB, which is still pretty solid. For internal storage, you can snag either 128 or 256GB.

There's a 10MP selfie camera and two 12MP cameras on the back of the phone.

As this phone is substantially smaller, it also comes with a much smaller 3,300 mAh battery. Still, that should provide plenty of life for this particular device.

Foldables Are Here To Stay

Samsung is clearly all-in on foldable phones. And it seems the company got most things right on its third-generation of phones with folding displays.

Both of these phones are available for preorder on Samsung's website, so if one of them interests you, you may want to lock it in before the August 26 release date.

In addition, the company is offering a $200 Samsung Credit with the purchase of a Galaxy Z Fold 3 or a $150 Samsung Credit with a Galaxy Z Flip 3 as long as you preorder.