Samsung could sell 500,000 units of Galaxy Z Fold 2 this year

According to a new report from market tracker firm Counterpoint Research, Samsung could sell as many as 500,000 units of the Galaxy Z Fold 2 by the end of 2020. If the company manages to sell these many units of its new foldable smartphone, it would be a 100,000-unit jump from the Galaxy Fold from last year. The Galaxy Fold launch was delayed to September 2019, and it was eventually sold in 60 countries by the end of last year.

The South Korean firm had faced supply issues related to the screens and hinges last year, but it may not face similar issues this year. It means a steady supply chain and probably higher sales. The upcoming foldable phone is also expected to feature a sturdier body, larger outer and inner screens, faster processor, and better cameras. All of these factors could lead to higher sales of the Galaxy Z Fold 2.

Counterpoint Research also mentioned that it expects the Galaxy Note 20 to sell lower than the Galaxy Note 10. The market research firm said that Samsung could sell 8.5 million units of the Galaxy Note 20 series phones this year, which would be 500,000 units lower than the Galaxy Note 10 series in its debut year. Due to the ongoing COVID-19 crisis, 30 percent of consumers are expected to spend lower on their phones this year.