We haven’t even had the Samsung Galaxy S21 yet, but we’re expecting Samsung to follow that phone up with a Samsung Galaxy S21 Fan Edition (or Galaxy S21 FE as it might be called) months later.

This would be a cheaper, lower end alternative to the S21, much as the Samsung Galaxy S20 Fan Edition is to the Samsung Galaxy S20.

However, the reduction in cost and specs are both likely to be minimal, with the S21 Fan Edition still likely to be fairly high end – and priced accordingly.
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https://www.techradar.com/news/samsung-galaxy-s21-fan-edition