Samsung Electronics is planning to “significantly increase” sales for
foldables next year and is ready to fulfill heavy demand as well.
The Korean tech giant hosted an AI-based event in Seoul where it
discussed the future of technology development. At the event, Samsung’s
CEO of the mobile business unit, Koh Dong-jin, confirmed to reporters
that they will significantly increase sales for foldables next year.
He didn’t say anything about a next-generation foldable device, only
saying that they will make an announcement when “the time is right”.
The company teased a clamshell design foldable device at its
developer conference last month, similar to the upcoming Motorola Razr.
This will likely be the “next-generation” foldable device that Koh Dong
spoke of.
It is rumored that Samsung wants to hit a sales target of at least 6
million foldables next year. The Galaxy Fold, however, failed to hit the
initial sales target of 1 million.
The Samsung Galaxy Fold will land in China on November 8 to compete
against Huawei’s foldable device. The Huawei Mate X will go on sale in
China on November 15.
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