According to a new report, Samsung plans to release a Lite version of the Galaxy Z Flip 3. The device is reputedly due to launch simultaneously with the Galaxy Z Flip 3 and Galaxy Z Fold 3.
https://www.notebookcheck.net/The-Galaxy-Z-Flip-3-Lite-may-be-the-cheapest-foldable-smartphone-that-Samsung-releases-this-year.549563.0.html