TM Roh, head of Samsung’s mobile experience division, compared the sales of the Galaxy Fold and Flip series to the performance of the Galaxy Note series, which was discontinued in 2021.Samsung is quite hopeful about the Galaxy Z Flip 5 and Galaxy Z Fold 5 models. He thinks that the sales of new folding phones will surpass the popular Galaxy Note series for a while. Let’s remind you that the Galaxy Note series sold 12 million. Passing the Galaxy Note series will be a major milestone for the Galaxy Z series as it shows that folding phones are finally going mainstream. So, what is the situation in the folding phone market?
According to data provided by market research company IDC, in 2023, worldwide folded phone sales will reach 21.3 million units. Although the sales figures are still not at the level of normal phones, it should not be forgotten that the Galaxy Z series phones bring much more to the company.
Samsung is the only brand to sell folding phones worldwide in the last four years. Most folding phones do not make their way to the global market.
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