Samsung Aims to Sell 1 Million Units of New Foldable Phone

Samsung Aims to Sell 1 Million Units of New Foldable Phone

Samsung has unveiled its latest innovation in foldable smartphones, the Galaxy Z TriFold, with initial sales reported in South Korea. This new device is expected to be complemented by another device later this year.

Samsung’s Ambitious Plans for Foldable Phones

Alongside the anticipated Galaxy Z Fold8 and Galaxy Z Flip8, Samsung is rumored to launch a new foldable phone called the Galaxy Wide Fold. This device is expected to feature a 4:3 foldable display, positioning itself to compete against the speculated iPhone Fold, which may also adopt this display format.

Production Goals and Market Strategy

According to industry sources, Samsung aims to sell 1 million units of the Galaxy Wide Fold in its first year. This bold target highlights the company’s confidence in the model and its strategy to expand its foldable lineup.

  • Device Name: Galaxy Wide Fold
  • Expected Launch: Summer 2023
  • Display Type: 4:3 foldable display
  • Production Goal: 1 million units

Last year, Samsung sold approximately 6 million units of the Galaxy Z Fold7, establishing a strong foothold in the foldable market. Achieving 1 million sales for the new Galaxy Wide Fold in its debut year is seen as a significant milestone.

This upcoming release not only reflects Samsung’s commitment to innovation but also emphasizes its ambition to lead in the expanding foldable smartphone segment.