Samsung's Galaxy Fold 2 could be less expensive when it is released later this year. However, it may be the affordable foldable that users have been waiting for.

The news comes from Twitter's Max Weinbach, who has been leaking information about the Samsung Galaxy S20 series and others. The inexpensive foldable smartphone will be called the Galaxy Fold e and will retail for $1,100, roughly $900 less than the Galaxy Fold released last year.

A second tweet by YouTuber MauriQHD offers a similar but different leak, claiming that the phone will actually be slightly cheaper at $900, but will either have a small cover display on the outside or none at all. MauriQHD also says the phone would be called the Fold Lite, using other suffixes for the cheaper version of Samsung's phone.

In addition, Weinbach mentions that Samsung is working on both a Fold with a plastic and ultra-thin glass (UTG) display, possibly explaining why there are two code names for the Fold 2: Winner2 and Champ. Galaxy. Z Flip is Samsung's first phone with a UTG display, which is not as tough and scratch-resistant as the Gorilla Glass screen, but still stronger than plastic.

The big problem with current foldable phones is their price: even the least expensive foldable phones like the Z Flip and the problematic Motorola Razr 2020 still cost $1,400. But in the $1,000 to $1,100 price range, there are flagships in the more normal range, such as the Galaxy S20 and the iPhone 11 Pro. A foldable in this price range will be attractive to many users who want to try out the radically different form factor of a flexible phone, and this may be the moment when foldable phones finally take off in earnest. [The Galaxy Fold 2 is expected to launch in August alongside the Galaxy Note 20. Both models are expected to feature the S Pen stylus as an additional feature, a 120Hz display and new camera technology borrowed from the Galaxy S20 series.