Samsung Sets Ambitious Goal: 20 Million Foldable Phones to Be Sold in 2022


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2023-10-22 06:01:44

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  1. Samsung aims to sell 20 million foldable phones next year
    1. Samsung's ambitious sales target
    2. Competition from Chinese companies
    3. Preparing for competition

Samsung aims to sell 20 million foldable phones next year

Samsung is aiming to sell 20 million foldable phones in 2024, including the Galaxy Z Flip 6, Galaxy Z Fold 6, and current-generation foldable phones (Z Flip 5 and Z Fold 5). The company's goal this year is to sell more than 10 million foldable phones, already surpassing the sales of its last Galaxy Note generation. However, Samsung faces competition from Chinese firms like Huawei, OnePlus, OPPO, Tecno, Vivo, and Xiaomi, who are all introducing better-equipped or cheaper foldable phones.

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Samsung's ambitious sales target

According to reports, Samsung is set on selling 20 million foldable phones next year. To achieve this, the company is planning to launch thinner or better-equipped devices. There are also rumors of aspect ratio changes for the Galaxy Z Fold 6. However, Samsung faces strong competition from Chinese firms who offer foldable phones with improved features and lower prices.

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Samsung Galaxy Z Fold 5 And Galaxy Z Flip 5

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Competition from Chinese companies

Chinese firms such as OPPO, OnePlus, and Huawei are pushing the envelope in the foldable phone market. They have introduced smartphones with better screens, cameras, and batteries compared to Samsung's Galaxy Z Fold 5. Despite being slimmer, Huawei's Mate X3 and Mate X5 offer larger batteries. Xiaomi has also managed to fit a 4,800mAh battery in its MIX Fold 3, which is only 10.9mm thin. While these devices lack certain features like wireless charging and higher water resistance, they pose a challenge to Samsung's dominance. OnePlus plans to enter the European and North American markets with its foldable phone.

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Preparing for competition

In order to maintain its position as the leading foldable smartphone brand, Samsung needs to innovate with impressive hardware in the coming year. Apple is also planning to enter the foldable phone market in the near future, starting with the iPad Mini. Samsung must be prepared for upcoming threats and continue to deliver cutting-edge devices to stay ahead of the competition.

Check out our in-depth Galaxy Z Flip 5 review video below.

If you would like to know other articles similar to Samsung Sets Ambitious Goal: 20 Million Foldable Phones to Be Sold in 2022 updated this year 2024 you can visit the category Breaking Tech News.

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