Samsung Galaxy Z Flip sales increased in March despite global pandemic
The Samsung Galaxy Z Flip is one of the most futuristic smartphones released so far this year. All of the innovation comes at a high price, but recent data shows that it isn’t hurting interest in the foldable device.
The Galaxy Z Flip has already sold almost 400,000 units
A new report published by EconoTimes (via SamMobile) reveals Samsung shipped an impressive 230,000 Galaxy Z Flip units worldwide in March. That sales figure represents a large 56.1% increase from the 147,000 units that were reportedly shipped during February.
Compared to the Galaxy S20 series, which is estimated to have sold around 350,000 units in the United States alone within the first two weeks of sales, the Galaxy Z Flip has sold quite poorly and should make little difference to profitability.
However, when other factors are included such as the new form factor and COVID-19 pandemic which destroyed global smartphone demand, these numbers are certainly impressively and suggest the Galaxy Z Flip could soon become the world’s best-selling foldable smartphone.
A new Galaxy (Z) Fold is coming in August
EconoTimes says the higher sales number in March could have something to do with the decision to release the Mirror Gold Galaxy Z Flip later in some key markets. Ultimately, though, the upwards trajectory suggests customers are slowly warming to the foldable format.
There is still a long way to go before foldable smartphones become a mainstream product, but industry analysts expect demand to increase a hundredfold by 2025. Samsung is currently the market leader, unsurprisingly.
As for the near future, the Galaxy Z Flip success means the South Korean company is now in a better position to launch the next-gen Galaxy Fold 2 or Galaxy Z Fold. The latter will arrive in August alongside the Galaxy Note 20 with S Pen support and a series of external and internal improvements.
Foldables will eventually replace traditional flagships
Samsung has not yet clarified its long-term plans for its growing foldable smartphone business, but the company is eventually expected to ditch traditional flagship devices entirely. That step is still quite a long way down the line, though.