Budget-friendly Samsung Galaxy Note 3 with LCD display on its way?

Reports suggest that Samsung may soon launch a budget-friendly Galaxy Note 3 to attract more customers.

Samsung has launched several versions of the Galaxy S4, including the original smartphone, the compact Galaxy S4 Mini, the Galaxy S4 Zoom and the rugged Galaxy S4 Active. Previous rumors indicated that just like the Galaxy S4, the Galaxy Note 3 will also be launched in a few versions.

The Korean company launched the hotly-anticipated Galaxy Note 3 at the IFA event in Berlin on Sept. 4. The phablet touts a 5.7-inch Super AMOLED display and rumors suggest that Samsung will soon launch a cheaper variant of the smartphone, which will sport a LCD display instead.

Korean publication ETNews (translated) reports that Samsung is planning to launch the low cost Galaxy Note 3 with LCD display in November this year. In order to retain the premium image of the original phablet the company didn't reveal the cheaper variant of the Galaxy Note 3 on Sept. 4.

"There's also a possibility that this upcoming variant might have a screen size of only 5.5-inches - a shipping manifest lists a 5.5-inch Note 3 that was shipped to India for testing on September 20th, hinting that there are going to be changes that go beyond just the screen technology and camera resolution with the low-cost third-generation Samsung phablet. The model number seems to be the same as the standard model for now (SM-N900), but that will likely change later on," reports SamMobile.

Currently, the Samsung Galaxy Note 3 is one of the most expensive handsets around. However, even though smartphone customers will want to experience a top-end device, not everyone can afford the price that comes with it. Recently, Apple launched the premium iPhone 5S along with the more budget-friendly iPhone 5C in order to penetrate deeper in developing markets.

Similarly, Samsung may also want to extend its customer base with the launch of a low-cost Galaxy Note 3.

November is still a good few weeks away and Samsung has not yet confirmed its plan to launch another version of the Galaxy Note 3. As such, we will have to wait until the company confirms whether it indeed plans to release a cheaper version of its most successful phablet.

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