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Author Topic: Samsung to sell loads of foldable smartphones next year  (Read 15535 times)

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mobify

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Samsung to sell loads of foldable smartphones next year
« on: October 21, 2019, 01:36:12 PM »


Foldable devices are far from mainstream products at the moment but Samsung has high hopes for the format and is betting heavily on its own devices. So much so that it has now set itself a pretty lofty sales goal for 2020.


ETNews claims Samsung is currently looking to sell around six million foldable smartphones next year. The company is already having discussions with its display division about manufacturing the required number of panels but could ultimately be forced to revise its internal goal if Samsung Display determines it canít handle the necessary capacity.

Sales of the first-generation Galaxy Fold are reportedly on track to hit 500,000 units by the end of this year, meaning Samsung is looking to sell around twelve times the number of foldable smartphones in 2020, although this internal goal isnít quite as ambitious as it could have been. According to sources familiar with the matter, Samsung was originally looking to sell a whopping 10 million foldable smartphones next year but ultimately decided to settle for six. Itís unclear why this decision was taken but it could have something to do with the issues the company faced earlier this year with its first foldable smartphone.



 

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