Rumours circulating the Internet suggest 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 leaks also indicate that the Galaxy Z Flip Lite will retain the Ultra-thin glass employed in the Z Flip but other features and specifications have not yet been revealed.