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Samsung Sets a Huge Target for Selling Its Galaxy Fold in the Upcoming Year

The Samsung Galaxy Fold released in September after a few product recalls owing to design flaws experienced by some users. The manufacturer has managed to sell only close to 50,000 handsets across the world within slightly more than a month of its launch. However, this has not affected the South Korean tech giant in any way and Samsung is still hopeful of making better sales the upcoming year in 2020.

According to the Korean news outlet ETNews, the manufacturer hopes to sell at about six million foldable handsets globally. Interestingly, the company had initially set a target of meeting a sale of ten million units before it decided to drop the count to a more conservative quantity. The reduced count is still double that of the three million shipment estimate made for the folding type smartphone by IHIS Markit. The lessened number is still huge considering that the Galaxy Fold’s design feature is yet to be proven and it comes with a hefty price tag that is not affordable by everyone. However, this news just confirms the fact that Samsung is quite confident in this new form factor after the launch of the handset.

Markets Covered and Targeted

Samsung has also managed to introduce its Galaxy Fold successfully in several countries outside South Korea like India and the US. The manufacturer is now focused on launching the folding device in several countries like Switzerland, Japan, Mexico, and Poland by the end of the month. There are chances that the company will target more countries to meet the sales count the next year.

Samsung Galaxy Fold

Samsung Galaxy Fold Features

The Galaxy Fold comes with some noteworthy features. It has a dual-screen setup with a 7.3-inch primary display that has 1536 x 2152 resolution and a smaller secondary 4.60-inch display with 840 x 1960 pixels. The handset is also equipped with 12GB RAM, 512GB storage, an octa-core processor and an Android Pie operating system. For the rear camera setup, the smartphone has a 16MP camera and two 12MP shooters. There is a 10MP secondary snapper on the front. It is fitted with a 4,380mAh capacity battery that supports both wireless charging and Quick Charge 2.0 fast charging.

Follow Up to the Samsung Galaxy Fold

Despite not having very high sales for its Galaxy Fold, Samsung has already started working on its second folding type handset that has been codenamed Bloom. The launch is as of now scheduled for early 2020. It will have a clamshell form factor in place of the present design to make the smartphone more robust. Samsung is also reported to be doing away with polyamide and replacing it with ultra-thin flexible glass to get rid of creases that tend to occur in the present Galaxy Fold. Last but not least, the new phone will not be as expensive as the current one.

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