Rumours mills have already indicated that Samsung could be working on a toned-down version of its premium Galaxy Z Flip foldable smartphone. The South Korean tech giant currently sells the Galaxy Z Flip and Galaxy Z Fold2 as its latest generation foldable smartphones in multiple markets globally. However, with both phones priced at upwards of ₹1,00,000, Samsung wants to capture lower price ranges as well. Latest rumours now suggest that the cheaper Galaxy Z Flip or Galaxy Z Flip Lite could be powered by a mid-range processor and may even skip out on 5G connectivity in order to cut costs. Previous leaks have revealed that the 'affordable' upcoming foldable smartphone from Samsung will retain the Ultra-thin glass employed in the Z Flip but other key features and specifications have not yet been disclosed.