It was just a few weeks after the announcement of the Pixel 3 in 2018 that the Pixel 3 Lite broke cover. Was Google really going to release a cheaper version of its premium handset?

Indeed it has; the Pixel 3a and 3a XL are Google’s first foray into the mid-range of the smartphone market, pulling some specs down from flagship level and bringing with them a more affordable price.
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https://www.pocket-lint.com/phones/reviews/google/147939-google-pixel-3a-xl-review