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

The Z Flip 7 FE is the first foldable that Samsung has introduced in its “Fan Edition” line, which provides budget-friendly alternatives to the company’s flagship Galaxy phones. At $899, it’s not quite affordable enough to compete with Motorola’s Razr, which starts at $699, but it’s a lot cheaper than the standard $1,099 Z Flip 7 model.

The live Samsung Unpacked product launch event included the debut of all-new foldable phones. After spending time with each, here are my thoughts as a tech editor.