The futuristic smartphone shows a price tag averaging $2,000.
The Samsung Galaxy Fold could be considered as one of the most innovative phones of 2019, yet that bleeding-edge tech comes at the price of $1,980 in the US – which makes The Galaxy Fold one of the most expensive phones on the market. However, Samsung Electronic’s President Young Sohn, confirmed the price tag didn’t stop customers to buy it. Actually, Samsung has sold more than 1,000,000 units of the Galaxy Fold, the company announced at TechCrunch Disrupt in Berlin.
Last February, Samsung was announcing the launch of The Galaxy Fold, promising a release for Sprint. However, the first review units it sent out started failing within days, damages were caused to the OLED panel. Samsung had then to work redesigning the phone to keep dust infiltrating the flexible display.
After 6 months of re-engineering the device, they finally released it in its current form, the fixed Galaxy Fold.
Despite all the issues and bad press, Samsung has sold 1,000,000 Galaxy Folds units. Even if this might not seem a lot compared to the total Samsung sells per quarter – 78 million phones – it is quite a performance regarding the difference in the tech and price. Most customers were apparently canceling their pre-orders over the summer, but Samsung has managed to move a million units.
This year has seen an increase of foldable phones being revealed, confirmed or launched – all at premium prices to go in accordance with the novelty of the design. In the race with the $1,980 Samsung Galaxy Fold, there’s the $1,500 Motorola Razr (on sales 9th January), the $2,600 Huawei Mate X (available in China) and the $1,300 Royole Flexpai.
2020 promises to be filled with plenty of new smartphone design and technology, which we are definitely looking forward to discovering!