According to a source, Samsung's mobile head stated on Wednesday that the company plans to sell 10 million foldable handsets this year. At the eagerly anticipated Galaxy Unpacked event on Wednesday, the South Korean tech giant unveiled its newest foldables, the Galaxy Z Fold 4 and the Galaxy Z Flip 4. After the debut, the business stated that its long-term objective is to sell more than 50% of its premium handsets by 2025 using foldable devices.
Samsung plans to sell more than 10 million foldable devices this year, according to a ZDNet report. According to the article, the company's mobile president made the same statement following the introduction of the Samsung Galaxy Z Fold 4.
Additionally, the article notes that TM Roh replied that "In order to ensure that there won't be a supply shortage for Z Fold 4 and Z Flip 4, the business secured a sufficient quantity of parts. Samsung anticipates that the issue will be rectified next year. The total component scarcity was at its pinnacle last year but is already lessening swiftly."
Price points for the recently released Samsung Galaxy Z Flip 4 and Galaxy Z Fold 4 are 999 dollars (approximately 79,000 rupees) and 1,799.99 dollars (about 1,42,830 rupees), respectively. The price is the same as that of the Samsung Galaxy Z Flip 3 and Galaxy Z Fold 3, which were released last year.
Samsung's president reportedly stated at the time that "these pricing were established to make foldable phones popular and affordable to consumers despite the strain the firm is under from the present spike in raw material costs, supply chain problems, and inflation."
Roh emphasised that the firm considers foldable smartphones to be mainstream "This was the point at which a foldable smartphone ecosystem was established, supported by user-friendliness and consumer trust. It began with the Z Fold 3 and Z Flip 3 models last year and will continue with the Z Fold 4 and Z Flip 4. This was more significant than actual sales data."
