New tipoffs suggest the rumored cheaper Samsung Galaxy Z Flip model could come equipped with the company’s own Exynos 2400 chipset, the same as some Galaxy S24 models.

The Galaxy Z Flip FE could launch next summer to compete in the more budget-friendly foldable market. Samsung has long marketed its foldables as high-end products with a premium price tag. However, rumors suggest that the company may soon introduce a budget-friendly option,

The Galaxy Z Flip FE model could include a smaller cover display, a less powerful camera system, and lower storage and RAM to achieve a more affordable price point than the premium model

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.