Samsung is expected to launch the Galaxy Z Flip 7 alongside a slightly affordable Z Flip 7 FE. However, the existence of the latter was questionable, until today, as a leak from a leading case manufacturer confirms the Z Flip 7 FE is real.
Spotted first by Android Central, an indexed Google Search result of the Spigen website confirms the existence of Galaxy Z Flip 7 FE. The search result, which is no longer visible, appeared upon searching for the keyword “Samsung Galaxy Z Flip 7 case spigen”.

The result, however, returned a 404 error upon clicking. Spigen has taken the page down since then. The existence of the cheaper flip phone isn't surprising, since the Galaxy Z Flip 7 FE has been spotted on NBTC and a host of other certification websites.
For those unaware, Samsung is expected to launch three foldables – the Galaxy Z Fold 7, Z Flip 7, and Z Flip 7 FE. The latter two could be powered by Exynos chipsets. Particularly, the Z Flip 7 could be powered by Samsung's latest Exynos 2500, whereas the more affordable Z Flip 7 FE could boast Exynos 2400.
While the Galaxy Z Flip 7 appears to be getting a decent set of upgrades, the Z Flip 7 FE will resemble the Z Flip 6. The exact specifications of the Galaxy Z Flip 7 FE are currently unknown. All the Galaxy Z Flip 7 series colours recently surfaced, revealing a new set of colours for the Galaxy Z Flip 7. The Galaxy Z Flip 7 FE, however, will only be available in Black and White colourways.
Samsung's Unpacked event is on July 9 where the firm is expected to unveil its foldables as well as the upcoming One UI 8 and One UI 8 Watch updates.