Samsung denies reports that it sold 1 million Galaxy Fold units

Enrique, 13 December 2019

Less than 24 hours ago, we reported about a revelation where a Samsung representative confirmed that the company sold more than 1 million of its innovative Galaxy Fold smartphones. Today, Samsung had to deny the media’s reports of the supposed milestone.

During the TechCrunch Disrupt Belin conference, Samsung Electronics’ President Sohn Young-kwon revealed that Samsung sold 1 million Galaxy Fold smartphones. “And I think the point is, we’re selling [a] million of these… There’s a million people that want to use this product at $2,000.”

Samsung has already sold 1 million Galaxy Fold units

As per the denial report, the Samsung spokesperson “may have confused the figure with the company’s initial sales target for the year, emphasizing that sales of the tech firm’s first foldable handset have not reached 1 million units.”

Analysts originally predicted that Samsung would sell between 400,000 to 500,000 Galaxy Fold units in 2019 with Samsung expecting to sell around 500,000. The company hasn’t yet offered the actual number of Galaxy Fold Sales.

Source

Reader comments

Anonymous
18 Dec 2019
YbR

this is probably true, if Samsung wanted to increase sales they will make the phone more available to interested people like having the fold on their website for example. I personally would have purchased the phone with Samsung card for 0% interest d...

Anonymous
16 Dec 2019
0wY

“And I think the point is, we’re selling [a] million of these… There’s a million people that want to use this product at $2,000.” That statement says in progress - not completed.