Before you get too bummed out about this, we should point out that this could be for the base Note 20 model. The larger and higher-end Note 20 models like the Note 20+ could still be packing a 120Hz display. It is unclear why Samsung is downgrading the display of the base model, but perhaps they’re doing so to make it cheaper.
After all, phones these days are getting a bit too expensive for our liking, and companies like Apple have actually started to focus more on mid-range handsets which seem to be working out in their favor. So by creating a lower-end model, Samsung could be appealing to customers on a budget, or alternatively, by making the specs so different, it could persuade users to pay more money for “better” specs.
I don't know what you think. For me, I can't accept any 60Hz mobile phone. It will cause me serious discomfort.
— Ice universe (@UniverseIce) June 17, 2020
Either way, take it with a grain of salt for now, but we should have more details in the coming months where Samsung is expected to officially announce its new Note 20 models.