Samsung has been feeling increased pressure in the foldable market, with brands like Motorola and Nubia offering flip-style foldables at significantly lower prices. It now appears ... will still have you flipping the phone open quite a bit.

New information claims that the rumored Galaxy Z Flip FE could end up having the same processor as the Galaxy S24.

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 the unversed, Samsung’s Galaxy FE devices are known for offering toned-down specifications and features at a more affordable price compared to their flagship counterparts. The Z Flip FE would allow Samsung to compete in the budget-friendly clamshell foldable market.

We've seen a few mid-range Flip phones in recent times, but it looks like Samsung could reveal a Galaxy Z Flip FE next year.

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.

As for why the rumored Z Flip FE would use an Exynos chipset, the Snapdragon 8 Gen 3 may be prohibitively expensive to put into a lower-priced foldable device, or it may simply be easier for Samsung to keep up a supply of Exynos chips.