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Samsung now sells two Galaxy Z Flip phones. One that costs $1,100 and another that's $900. There's a lot to unpack.

Samsung has launched the Galaxy Z Flip 7, along with the Z Flip 7 FE and the Z Fold 7, during its latest Unpacked event.

At its summer Unpacked event, Samsung announced its first "budget" foldable smartphone, the Samsung Galaxy Z Flip FE, for a price that doesn't exactly scream "budget" to most people.