Samsung announced a cheaper version of its Galaxy S21 smartphone called the S21 FE (“Fan Edition”). It runs $100 cheaper than its predecessor and packs many of the same flagship features, including the same processor and fast-charging ability. Its display is very similar, too. The main tradeoff is that the finish is Matte instead of shiny and its pro-grade camera system isn’t quite as great; the most notable difference is that the S21 FE’s telephoto lens has an 8MP sensor instead of the 64MP sensor on the S21. On the positive side, the S21 FE actually has a bigger battery. It will be available for purchase on January 11th for $699.