Galaxy Fold render

Samsung seems to be really liking the idea of foldable and dual-screen devices and foldable phones lineup is already filing up at Samsung.

Earlier this year, Galaxy Z Flip joined the Galaxy Fold, which was introduced last year, and a new report suggests that the Korean tech giant is working on another foldable mobile device.

According to a report from a South Korean publication, Samsung is working on Galaxy Fold Lite for as cheap as $900. Samsung will reportedly cut costs by downgrading the camera capabilities and internal specifications.

The Galaxy Fold Lite will reportedly launch in 2021, but remember that this is just a rumor out of South Korea and it has to be taken with a grain of salt.

It appears that the foldable device was planned to be announced during the August 5 event, but Samsung has reportedly postponed its launch to 2021.

Galaxy Fold Lite is certainly possible and it was recently tipped off by XDA-Developers’ Max Weinbach on Twitter. Another leaker revealed that the Galaxy Fold e could be named Galaxy Gold Lite and priced below $1100.

At the moment, we don't have any confirmed information about Samsung's Galaxy Fold Lite.

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