Samsung’s new Galaxy A23 5G phone adds a $300 option to the line’s A-series of phones.

The cheaper phone comes as inflation is hitting phone customers who are looking for cheaper smartphone options.

The phone is the latest to target budget-conscious customers amid growing competition in the affordable phone space fromGoogleandApple.

It also comes asinflation has impacted smartphone shipments.

It’s also priced in line with theOnePlus Nord N20 5G, which is also $300.

The ultrawide camera has just a 5-megapixel sensor, which means the resolution may not be very sharp.

Similarly, there’s also a 2-megapixel macro lens for taking close up shots and a 2-megapixel depth lens.

The front selfie camera has an 8-megapixel resolution.

Like many of Samsung’s A-series phones, the Galaxy A23 5G has a 5,000 mAh battery.

Keep in mind, however, that none of those phones support 5G while the A23 does.

Apple also launched the third-generation$429 iPhone SEin March.

Meanwhile, demand for lower-end devices is remaining solid, according to Lynch’s report.