Samsung today unveiled the Galaxy S20 Fan Edition (FE), which brings the best of its Galaxy flagships at more affordable prices. It starts at $699, putting the handset squarely in the sights of OnePlus, which had typically offered the best value in this part of the market.

“We are constantly speaking to our fans and taking feedback, and we heard what they loved the most about our Galaxy S20 series, what features they used most often and what they would want to see in a new smartphone,” Samsung Electronics president Dr. TM Roh said in a prepared statement. “The S20 FE is an extension of the Galaxy S20 family and is the start of a new way to bring meaningful innovation to even more people to let them do the things they love with the best of Galaxy.”

The Galaxy S20 FE does look like a great value, too: It’s powered by a Qualcomm Snapdragon 865 processor, 6 GB of RAM, and 128 GB of expandable storage, and it provides an HDR10+ certified, 6.5-inch flat Full HD+ Super AMOLED Infinity-O Display with a resolution of 2400 x 1080 at 407ppi and a 120 Hz refresh rate. There’s even a triple-lens rear camera system, albeit one that doesn’t quite match the S20 Ultra/Note 20 Ultra, with a 12 MP wide-angle main lens, a 12 MP ultra-wide lens, and an 8 MP telephoto lens with 3x optical zoom capabilities. And it supports 5G networking.

The S20 FE is also offered in some fun colors thanks to its plastic body: Cloud Red, Cloud Orange, Cloud Lavender, Cloud Mint, Cloud Navy, and Cloud White.

You can preorder the handset now from Samsung.com, and it should become available on October 1.

Tagged with Samsung, Samsung Galaxy S20