Published in Mobiles

Samsung finds a million to buy $2000 foldable phone

by on13 December 2019

Expect more next year

Samsung Electronic’s President Young Sohn claims that his outfit had flogged a million foldable Galaxy Fold smartphones.

According to Techcrunch this is more than double the estimate from October which suggested that 500,000 had splashed out $2,000 on the gear. He didn't give many details about who was buying or where. 

Sohn said: “There are a million people that want to use this product at $2,000.”

Talking to the assembled throngs at Disrupt Berlin, the firm focused around growth through innovation. Sohn commented on the sales number while explaining Samsung’s process of releasing products to get feedback. He said, in part if they kept devices like the Fold in labs, they wouldn’t get the input they needed.

Apparently, Samsung is comfortable flogging a $2,000 device that is essentially a beta. He said yes, and pointed to the new sales numbers as justification.

Previous media reports stated Samsung is ramping up plans to sell six million foldable devices in 2020. 

Last modified on 13 December 2019
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