While at TechCrunch Disrupt in Berlin, Samsung Electronics' president – Young Sohn – made startling statements. Sohn stated that by now, the brand has reached the milestone of 1 million Samsung Galaxy Fold sold!
This is undoubtedly an impressive number, especially after October estimates point to half a million units sold. The president went even further, stating somewhat "convincingly" that there are 1 million people who want to use this "$ 2,000 product".
Samsung Galaxy Fold is being a real hit despite its controversial history
Contrary to what many might expect, Samsung's first folding smartphone is being a real hit. Obviously the numbers can't be compared to the rest of the smartphones in the brand's portfolio, but 1 million units is a figure that many thought was impossible.
I recall that the Galaxy Fold was originally unveiled during MWC 2019 in February. Then it went through an extremely controversial phase when it reached the hands of YouTubers, where numerous problems with the smartphone were detected.
The manufacturer quickly canceled its release, working to address these issues until their final release in September.
While the Samsung Galaxy Fold remains considerably more fragile than most smartphones, it is quite clear that users have no problem investing in the future of technology.
2020 will be the year of folding smartphones!
This new information revealed by Samsung only confirms suspicions that next year will be "dominated" by the arrival of several folding smartphones. For now, these are just "prototype" equipment coming in with ridiculously high prices.
However, it has been mentioned in several rumors and leaks that the price of these folding smartphones will drop considerably by 2020. Samsung itself is developing at least two new models, which should feature exciting technologies and a much more affordable price, which should around 800 euros.
Samsung has already revealed that it expects to be able to sell at least 5/6 million folding smartphones by 2020, demonstrating its confidence in the rapid growth of this new segment.
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