Samsung has officially announced its new Galaxy S24 FE model, a mid-range AI smartphone with prices starting at just $649.99 / £649. While this might not necessarily fit the category of one of the best budget smartphones, I love that Samsung is at least attempting to make affordable AI-ready devices that are accessible to more users (not everyone can afford $1,300 for a new phone each year).

Compared with some of the best camera phones on the market, such as the flagship Samsung Galaxy S24 Ultra (my current smartphone) and Apple‘s iPhone 16 Pro models, the new Galaxy S24 FE is roughly half the price of next-gen premium smartphones. Surely, there must be some compromise on quality here to allow for such competitive pricing. I’ll be getting hands-on experience with the S24 FE next week, and I’m excited to see how the performance of this budget-friendly handset matches up to my S24 Ultra model.