Previously, it was reported that Samsung had managed to sell over 1 million units of its first foldable smartphone, the Galaxy Fold. However, the company has now denied any such claims about the large numbers.
The South Korean tech giant denied the media reports that claimed it had sold 1 million units of the Galaxy Fold; If it were true, the units sold would be twice as high as the company’s initial sales expectation. Apparently, the words of Samsung’s President, Young Sohn, had been taken out of context by a news report that led to a frenzy of false media coverage, according to a spokesperson.
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In TechCrunch Disrupt Berlin event 2019, Sohn stated that “And I think that the point is, we’re selling [a] million of these products…There’s a million people that want to use this product at $2,000.” This quote was interpreted in a misleading fashion with the spokesperson also stating that Sohn had confused the figure of the company’s initial sales target for the year. It also implies that Samsung has yet to reach the 1 million Galaxy Fold units milestone.
According to analysts, Samsung has sold anywhere from 400,000 to 500,000 units of the Galaxy Fold. From the company’s side, it is reported that Samsung expected to sell around 500,000 units globally. Unfortunately, Samsung has not revealed its actual sales figures so it is uncertain whether this goal has been reached either.
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