Seoul, September 27: South Korean tech giant Samsung has reportedly cancelled the launch of its Galaxy S21 FE smartphone. As per GSM Arena, Samsung was expected to bring the affordable flagship Galaxy S21 FE at the August Unpacked event, but it was eventually postponed to a standalone launch in October.

The latest reports from South Korea revealed that this is not happening either. The Korean manufacturer has cancelled the arrival entirely, citing impressive Galaxy Z Flip3 sales, as well as the chip shortage plaguing the smartphone business in 2021. Also Read | A Delhi NCR-Based Sexologist Clinic- Dr SK Jain's Burlington Clinic Pvt Ltd Breakthrough A Family Legacy.

Samsung had been preparing an Unpacked event for mid-October, but a company representative has confirmed it is not happening, and the team is reviewing whether the phone would hit the market at all. Also Read | Esscloud ENZ Shares His Musical Story So Far.

The Galaxy Z Flip3 is already selling well with a Snapdragon 888 chipset, the very same chipset the Galaxy S21 FE was expected to arrive with.

(The above story is verified and authored by ANI staff, ANI is South Asia's leading multimedia news agency with over 100 bureaus in India, South Asia and across the globe. ANI brings the latest news on Politics and Current Affairs in India & around the World, Sports, Health, Fitness, Entertainment, & News. The views appearing in the above post do not reflect the opinions of LatestLY)