For example, the recently launched Samsung Galaxy S24 FE launched with a slightly slower processor and lower-resolution camera system than the standard Samsung Galaxy S24, at a price of $649 / £649 / AU$1,099 – a solid offer considering the $799 / £799 / AU$1,399 price tag of the latter model.

While the Samsung Galaxy Z Flip 6 is already the company's cheapest foldable phone, an FE that pairs back some features to decrease the price could attract a whole new audience to the foldable space. Or it could flop. The only way to find out is for Samsung to release the phone and go head-to-head with the cheaper Moto Razr.

Samsung is apparently aiming to release a more affordable Galaxy Z Flip FE next year. The company could announce the new variant alongside the Galaxy Z Flip 7, scheduled for 2025. Samsung hopes to bring the foldable phone experience to a more modest price point in response to industry competition.

Samsung is rumoured to be working on a pared-down, cheaper version of its popular Galaxy Z Flip folding phone. Korean blogger yeux1122 via Android

The Korean blogger claims that Samsung could release the Galaxy Z Flip SE alongside the Samsung Galaxy Z Flip 7, which may mean that we could see the phone sometime in July or August 2025. However, at this time, he hasn't made it clear what compromises the phone will make in order to be available at a lower price point.

Samsung may debut a more affordable Galaxy Z Flip FE alongside the Galaxy S25 Slim in April, aiming to broaden foldable access.