Breaking News

Samsung says its foldable shipments will quadruple in 2021

Samsung says its foldable shipments will quadruple in 2021


Samsung wants you to know its foldables haven't flopped. In a recent blog post, the company said that it sold four times more foldable devices in 2021 as compared to 2020. It attributes this success to the advent of the Galaxy Z Fold 3 and Z Flip 3, which we praised in our reviews. As one. Steps towards mainstream utility thanks to their sophisticated design and low prices. Samsung says sales of these two devices exceeded "total cumulative sales of Samsung foldable devices in 2020" in their first month alone.

These are promising metrics for the slow ascent of foldable phones, though you should note that Samsung isn't sharing hard sales data. Instead, it pointed to the fact that its growth exceeded predictions made by third-party analysts, who suggested that total shipments from all manufacturers for the foldable device would reach 9 million in 2021.

If Samsung thinks this figure is useful enough to be quoted — and the company thought it accounted for about 88 percent of the total foldable market — then we can estimate that its sales were in the high single-digit millions or low tens. . was pushing into lakhs. These numbers are expected to grow tenfold by 2023, with Samsung taking a smaller slice of the market as rival manufacturers such as Oppo and Huawei join the foldable fun. For 2023 some even predicted: a foldable iPhone, which would really give a boost to the segment.

Samsung also says that its decision to move quickly with the foldable device has paid off in terms of converting customers. It says that "compared to the Galaxy Note 20, Samsung has seen a 150 percent increase in consumers who have switched smartphone brands for the Galaxy Z Flip 3. If you're looking to attract new money, this is something unique." helps to present.

No comments