Every time the Galaxy Fold launched in a new country last year, it sold out within a matter of minutes. However, everyone understood it wasn’t just because the foldable phone was in high demand but also because of limited stock. How many Galaxy Folds did Samsung actually end up selling, though? Samsung’s CEO DJ Koh has finally provided some concrete figures at CES 2020: The Korean giant sold between 400,000 to 500,000 Galaxy Folds last year.
Just a month ago, Samsung Electronics President Young Sohn had incorrectly revealed that the Fold had sold over a million units, a claim the company was quick to refute. Of course, even half a million sales of a first-gen foldable that costs $2000 are pretty impressive, although no one knows exactly which markets contributed the most to those sales figures. Since Samsung never releases such details, all we can do is speculate, and we’re assuming the United States and South Korea are the two biggest suspects.
Samsung’s next foldable phone will probably sell in higher numbers, as it’s expected to be priced at less than $1000. The lower price tag will probably be a result of the clamshell form factor, which doesn’t leave enough space for the device to be specced at the same level as standard flagships. The use of not-so-latest specs, like the Snapdragon 855 SoC instead of the Snapdragon 865, should also help.