Samsung is launching the Galaxy Z Flip FE, a lower-price version of its foldable range of smartphones.

Firmware development for the device has been spotted on Samsung's servers, indicating an imminent release in regions including Europe, India, the United Arab Emirates, and other Asian markets. The Galaxy Z Flip FE, the successor of Galaxy Z Flip 6 is tipped to include a 6.7-inches AMOLED display along with a refresh rate of 120Hz and frame made up of Armor Aluminium with a similar hinge mechanism of the Galaxy Z Flip 6. It uses an Exynos processor to enable foldable tech in more wallets.