https://wccftech.com/samsung-galaxy-fold-lite-launch-postponed-to-2021/

Earlier this year, there was a rumor stating Samsung was preparing a ‘cheaper’ Galaxy Fold Lite for a release in late 2020. The move would ultimately help the Korean manufacturer provide customers a new form factor of devices being offered at the sub-$1000 range. Unfortunately, the affordable version of the original Galaxy Fold isn’t expected to arrive this year, sadly.

The report originates from the Korean website Viva100, claiming that the more affordable Galaxy Fold Lite was supposed to be unveiled during Samsung’s online Unpacked event. The event is rumored to kick off on August 5, and with a multitude of products expected to be announced, it would have been the ideal opportunity for customers to be shown an affordable foldable handset.