Samsung is almost certainly working on an affordable version of the Galaxy Z Flip smartphone, which we assumed would be called the Galaxy Z Flip FE. However, new rumors have emerged suggesting that the company will call its upcoming affordable flip phone the Samsung Galaxy Z Flip Xe.

While you can't necessarily customize the Razr Ultra the same as you would with a Moto X in 2013, you can choose from a variety of colors and material finishes, including Pantone Scarab in Alcantara (pictured above), Pantone Mountain Trail in FSC-certified wood, Pantone Cabaret, and Pantone Rio Red.

A carrier has listed this model number on its eSIM compatibility page as the Galaxy Z Flip Xe. But this is not the first time we have seen this (rather confusing) name. In fact, the phone with model number SM-F761 has reportedly been listed in the official GSMA IMEI database as Galaxy Z Flip Xe since the end of last year.