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Samsung’s mainstream foldable phone - the Galaxy Z Flip 3 - is indeed fulfilling its purpose, at least in its home country. According to new research done by Counterpoint (via TheElec, the Z Flip 3 is the best-selling smartphone in South Korea, followed by the Galaxy S21, and Galaxy A32 in distant second and third.
Furthermore, Samsung now dominates the South Korean smartphone market with an 85% market share and looking at the quarter-by-quarter graph, it’s plain to see where the increase came from. LG withdrew from the smartphone business and its 11% market share was absorbed by Samsung right away.
Apple also saw a decline by 5% compared to the previous quarter, and by 1% compared to the same period last year. The steep decline from the last quarter can be attributed to the iPhone 13 launch - iPhone sales in South Korea took off around the same time but the hype seems to have dried out.
The third-generation Samsung foldables are proving to be really popular. Back in October, the company said that “demand for its newest devices continues to exceed expectations," without giving any numbers.
Samsung Galaxy Z Flip 3
Unlocked, with eligible trade-in + free Galaxy Buds2
The Galaxy Z Flip 3 is discounted for the holiday season, so you can hop on the foldable train. Seems like the world is slowly starting to get on board.
Mariyan, a tech enthusiast with a background in Nuclear Physics and Journalism, brings a unique perspective to PhoneArena. His childhood curiosity for gadgets evolved into a professional passion for technology, leading him to the role of Editor-in-Chief at PCWorld Bulgaria before joining PhoneArena. Mariyan's interests range from mainstream Android and iPhone debates to fringe technologies like graphene batteries and nanotechnology. Off-duty, he enjoys playing his electric guitar, practicing Japanese, and revisiting his love for video games and Haruki Murakami's works.
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