Samsung has the record for the most foldable smartphones in the market with the Samsung Galaxy Z Flip 3 and Galaxy Z Fold 3. The company’s sales figure in South Korea alone exceeds 1 million units. According to reports, Samsung’s goal is to sell 7 million units of its third-generation foldable smartphones. Now, Samsung seems to be setting higher goals for its foldable smartphones next year.
According to a new report from TheElec, Samsung’s smartphone lineup will consist of 52 models in 2022. Samsung’s goal is to produce approximately 10 million Galaxy Z Flip 4 and Galaxy Z Fold 4 foldable smartphones in the third and fourth quarters of 2022. This means that the company’s goal is to sell at least 10 million next-generation foldable smartphones. Samsung continues to improve its foldable smartphones with more durable designs and better specifications.
According to the report, Samsung’s goal is to produce nearly 38 million Galaxy S22 series smartphones in 2022. The company may also seek to sell more than 9 million Galaxy S21 FE, which is expected to be officially listed in January 2022. When it comes to the Galaxy A series (Galaxy A13, Galaxy 33 5G, and Galaxy A53 5G), Samsung aims to produce 78 million units.
Samsung is currently the biggest advocate of foldable smartphones. The company has released three generations of foldable smartphones worldwide. With the introduction of the Galaxy Z Flip 3 and Galaxy Z Fold 3, the company lowered the price. It also provides a more powerful design and better specifications than its predecessors.
Samsung to increase its foldable smartphone production
Samsung believes in the future of foldable smartphones. The company is working hard to produce the displays that will serve for future versions. Currently, the company produces about 260 thousand units (foldable displays) per month. However, this number is expected to grow following greater demand. By May, it is expected that the monthly output will be approximately 600 thousand units. Also, they will arrive late in the year to a number close to a million pieces. This is about four times its current capacity.
This will serve not only to support the creation of the next Galaxy Fold but also to supply all the other companies that want to throw themselves into the folding sector. If this niche of devices truly achieves the success and penetration that Samsung hopes for, then the technological advancements that the company is working on now will be amply rewarded.
The South Korean company will launch its next Galaxy Fold this year with better design and specs.