Samsung Galaxy Fold Lite Rumoured to Launch Next Year at Around $830

Samsung Galaxy Fold Lite is said to be powered by the Snapdragon 865 SoC and come with 256GB of storage.

Samsung Galaxy Fold Lite Rumoured to Launch Next Year at Around $830

Samsung Galaxy Fold 2 may be unveiled at an event on August 5

  • Samsung Galaxy Fold Lite launch said to have been pushed to next year
  • It may be priced at KRW 1 million (roughly Rs. 62,800)
  • Samsung Galaxy Fold Lite was initially planned for an August 5 unveiling

Samsung Galaxy Fold Lite is rumoured to be a relatively more affordable version of the Galaxy Fold. Now, as per a report by a South Korean publication, Samsung's ‘Lite' variant of the Galaxy Fold that is said to cost around KRW 1 million (roughly Rs. 62,800, $833) will be launched next year. The report does not share any details on the specifications of the rumoured Samsung Galaxy Fold Lite but adds that it was supposed to be unveiled this year on August 5.

As per a report by Viva100, the rumoured Samsung Galaxy Fold Lite was supposed to be unveiled at Samsung's virtual Unpacked event on August 5, but has seemingly been postponed for next year. The publication claims the Samsung Galaxy Fold Lite was supposed to be priced at KRW 1 million (roughly Rs. 62,800), which would make it quite a bit cheaper than the current Galaxy Fold that comes in at Rs. 1.62 lakh as per Amazon. As of now, there is no official confirmation by the company and only leaks about the phone have surfaced online.

Notably, if the KRW 1 million price tag turns out to be true, Samsung will be removing some of the features that are present on the Galaxy Fold. The Lite variant is said to come with a mix of 2018, 2019, and 2020 parts, including Snapdragon 865 SoC and 256GB of onboard storage. The secondary display on the outside is said to be smaller, more like the Samsung Galaxy Z Flip, rather than the Galaxy Fold. As per a previous report, the rumoured Samsung Galaxy Fold Lite may be priced at $1,099 (roughly Rs. 83,000) which is a little higher than what we see in this latest report.

As of now, Samsung has not shared details about the Galaxy Fold Lite or its availability. Further, the Unpacked event also does not have a confirmation from the company, in terms of its dates. But it is expected that the Samsung will unveil the Galaxy Fold 2, Galaxy Z Flip 5G, and the Galaxy Note 20, among other devices at the event.

Additionally, a ‘Lite' or Founder's Edition of the Galaxy S20 is said to be launched in October. The company is expected to retain some of the internals and lower the price like its Samsung Galaxy S10e from last year.

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Vineet Washington writes about gaming, smartphones, audio devices, and new technologies for Gadgets 360, out of Delhi. Vineet is a Senior Sub-editor for Gadgets 360, and has frequently written about gaming on all platforms and new developments in the world of smartphones. In his free time, Vineet likes to play video games, make clay models, play the guitar, watch sketch-comedy, and anime. Vineet is available on, so please send in your leads and tips. More
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