There have been several rumors about the Samsung Fan Edition flip phone; new evidence indicates that the device indeed exists.

A new leak seemingly confirms the existence of the long-awaited Samsung Galaxy Z Flip FE, as Samsung itself is seemingly teasing the device on its over-the-air software distribution servers.

That's the premise behind devices like the Samsung Galaxy Z Flip 6 – and now, Samsung is said to be readying a more cost-conscious variant of that handset. Dubbed the Samsung Galaxy Z Flip FE, the handset is expected to offer a lower-cost option for those seeking a foldable phone.