Samsung may not reach its Z Fold 4 and Flip 4 sales targets

As previously reported, Samsung plans to launch 15 million foldable smartphones by the end of this year. The company is banking on the popularity of its new foldables, the Galaxy Z Fold 4 and Galaxy Z Flip 4, to achieve this goal. However, new estimates from the flip phone industry suggest that the company may not be able to achieve this goal.

BingMag.com Samsung may not reach its Z Fold 4 and Flip 4 sales targets

As previously reported, Samsung plans to launch 15 million foldable smartphones by the end of this year. The company is banking on the popularity of its new foldables, the Galaxy Z Fold 4 and Galaxy Z Flip 4, to achieve this goal. However, new estimates from the flip phone industry suggest that the company may not be able to achieve this goal.

  • Why is Samsung's Galaxy Z Flip more popular than the Galaxy Z Fold?

Current predictions are that Samsung will ship just 8 million units of its latest foldable smartphone by the end of this year. These figures show an increase of about 13% compared to 7.1 million devices sold in the same period last year. The prediction was made by Noh Geun-chang, head of Hyundai Motor Securities Research Center. According to his calculations, Samsung can finally sell about 10 million foldable smartphones in all models this year.

With these interpretations, Samsung may set its sales targets based on market needs and economic conditions. Users have modified. Roo Tae-moon, head of Samsung's mobile business department, mentioned at the Galaxy Unpacked event about new foldable phones that the company expects to sell more than 10 million foldable smartphones to global markets in 2022.

The extremely low consumer demand for these smartphones may have more to do with their economic situation than dissatisfaction with the Galaxy Z Flip 4 and Galaxy Z Fold 4. As Samsung's foldable flagship, the Galaxy Z Fold 4 is one of the most expensive smartphones on the market, starting at $1,799. In the current economic climate, there won't be many people willing to spend that kind of money on a smartphone.

BingMag.com Samsung may not reach its Z Fold 4 and Flip 4 sales targets

However, apparently, the pre-sale of Samsung's new folding products has been very well received by users, and according to reports, the sales of these products are even higher than the S22 series. According to reports, the Galaxy Z Flip 4 and Galaxy Z Fold 4 recorded around 970,000 pre-sales in South Korea between August 16 and 22. To compare with the statistics of the previous generation of these phones, we should mention that Galaxy Z Fold 3 and Z Flip 3 had more than 920,000 pre-orders in the first week of their release. Also, recently it was said that the sales of Galaxy Z Fold 4 and Z Flip 4 in Europe will experience a very good 2 times growth. that by 2025, more than 50% of the company's products will be folding smartphones. For this reason, the Korean technology giant plans to continue to dominate the foldable smartphone market by offering special promotions to encourage users to buy foldable phones and reduce the cost of their repairs. It remains to be seen how the sales of these new Samsung products will go in the rest of this year.

  • A user removed the screen protector of the Z Fold 4 screen to reduce the creases!

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