South Korean tech giant Samsung has earlier launched the Galaxy S10 in 2019. According to a tipster, Samsung is currently working on Galaxy S20 Lite which can come at a lower price tag than Galaxy S20. The key specifications of Samsung Galaxy S20 Lite as the Fan Edition is tipped by Sammobile website. It reported that the Lite variant will run on One UI 2.5 and come with a 128GB built-in storage. The new S20 Lite will be powered by Qualcomm Snapdragon 865 processor. The company is set to launch the Samsung Galaxy S20 in August 2020.