Motorola and Nubia have launched mid-range Flip phones over the past 18 months, bringing foldable phones at a much lower price. It now looks like Samsung could finally offer a cheaper Flip phone too.

korean blogger eyes1122 reports that Samsung will launch a Galaxy Z Flip FE model in 2025. The leaker was unable to determine a launch window, but said a “simultaneous release” was likely. This presumably means a simultaneous release with the Galaxy Z Flip 7.

It’s unclear what a Galaxy Z Flip FE would look like, but we suspect this model would offer an older flagship processor (if not a mid-range SoC), 128GB of base storage instead of 256GB, less RAM and a less impressive camera setup.

If that wasn’t enough, Samsung reportedly hinted at a cheaper foldable during its Q3 2024 earnings call (spotted via Jukanlosreve on X):

We are considering ways to lower the barriers to entry so that more customers can actually experience foldable products, given the high satisfaction of existing foldable users.

A cheaper foldable out of necessity?

There’s a strong argument that Samsung needs to release a more affordable foldable phone sooner rather than later. This follows reports that the Galaxy Z Fold 6 and Z Flip 6 saw much lower pre-order figures than last year’s models. More recently, ZDNet Korea reported that Z6 sales forecasts have been revised from nine to 10 million units to seven to eight million units. The outlet also noted at the time that Samsung was considering a “popular” version of its Flip phone.

There’s no word on the price of this cheaper Z Flip model. However, the Motorola Razr 2024 launched at $699, so we wouldn’t be surprised if a future Z Flip FE model matches that price.

This is not the only eye leak1122. The Korean tipster also claimed that the recently leaked Galaxy S25 Slim could launch in April and suggested that the Galaxy Z Fold 7 could come with an additional Fold model. But we haven’t seen any significant details about this device.