Samsung is set to detail its second-gen foldable phone, the Galaxy Z Fold 2, next week but we are already hearing reports of an affordable foldable phone being in the works. The Korean giant will soon take the wraps off the ‘Galaxy Z Fold Lite,’ which is not an official name and just a calculated guess at this point.

Some reports suggest that Galaxy Z Fold Lite will arrive with the Snapdragon 865 SoC under the hood. But, Samsung will not offer 5G connectivity onboard to lower costs. It would also lack the innovative Ultra Thin Glass protection found aboard Galaxy Z Flip. Not much else is known about this ‘Lite’ variant at the moment, except for a speculated price tag.