UPDATE: According to a Samsung Spokesperson, Shon “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.”
Money is not an issue for the niche device
If you have doubts about Samsung Philippines being able to sell out all of its Galaxy Fold units, here’s your definite answer: despite having a delayed launch due to build issues and an insane Php 109,990 price tag, that is not stopping Samsung from selling a bunch of its futuristic Galaxy Fold foldable phone.
In fact, at TechCrunch Disrupt Berlin, Samsung Electronics President Young Sohn said that they have sold one million Galaxy Fold units since it became official globally last September. According to Sohn, October sales pegged at around 500,000 units—which is quite a lot for a niche device that has the price tag of a premium ultrabook like the MacBook Pro.
“There’s a million people that want to use this product at $2,000[~Php 101.4k, before taxes and duties],” Sohn said.
Given the relatively positive feedback with the redesigned Galaxy Fold, Samsung plans to sell as much as 6 million foldable devices in 2020.
Don’t forget to check out our hands-on with the Galaxy Fold: