Samsung's recently leaked Galaxy Fold Lite, a budget folding phone, has had its release date pushed back to 2021 to avoid getting in the way of Samsung's other phones, especially the Galaxy Note 20 series.

According to Korean news site Bridge Economy News (via SamMobile), this is not a leak but a prediction by Kyung-tak Roh, a researcher at Yoo Jin Securities. While analysts can be a valuable source of information about what tech companies are planning, this statement should not be considered definitive proof of a delay in Samsung's $900 foldable phone.

When the Galaxy Fold Lite was first leaked, its release date was expected to be August 2020, the same as the flagship Galaxy Fold 2. However, according to Bridge Economy News, Samsung will focus on launching the Galaxy Note 20 instead of a new foldable.

This year, Samsung has already launched the Galaxy Z Flip, which extends its folding line. It also launched the Galaxy S20 series, but sales have been disappointing since its launch. In other words, Samsung will want to do its best to make the Galaxy Note 20 more attractive.

The Note 20 will likely be Samsung's biggest announcement in the second half of 2020, but it may not be the only one. We recently heard that after the Note 20 is revealed in August, Samsung will hold two more launches in September and October, debuting the Galaxy Fold 2 and Galaxy S20 Fan Edition, respectively. Roh said that Samsung is pinning its hopes on this second model, a "Lite" version of the Galaxy S20, to help restore sales

The Galaxy Fold Lite, even if it debuts in 2021, is an amazing phone from other leaked information will be. The main reason for this is the rumored price of $900, which would make it the first foldable by a major manufacturer at the same or lower price than a regular flagship phone.

It is said to be powered by the Snapdragon 865, the same chip as most Android flagships launching this year, but without 5G support; the Galaxy Fold's cover display will be replaced by a Z Flip-style notification panel; the sensor camera performance will likely be reduced, although there are no specific rumors yet regarding the camera.