At TechCrunch Disrupt in Berlin, Young Sohn, Samsung Electronic’s President has revealed that the company had sold 1 million or 10 lakh foldable Galaxy Fold smartphones till now. A million Galaxy Fold devices have been sold with a price tag of $2000 to consumers.
When the phone was initially released, it was quickly discovered that the devices were incredibly fragile with many reviewer samples breaking within two days. Samsung recalled all the phones and re-released with better durability and protection in September. It was even launched in India in October at a price of Rs. 1,64,999.
Young Sohn stated it was part of Samsungs strategy of releasing products to get feedback. With all its feedback from Galaxy Fold and its high sales numbers, Samsung is going to be comfortable repeating this strategy in the future. Other reports have stated that Samsung plans to sell up to 6 million foldable devices in 2020.
Update: Samsung has been caught lying through its teeth. In a recent statement to Korea’s Yonhap News Agency, Samsung said that 1 million Galaxy Folds have been sold. Now the company has backtracked and clarified that it has not sold 1 million Galaxy Folds. However, it has also declined from mentioning the Galaxy Fold units sold.
Source: TechCrunch