Samsung’s Latest Foldables,the Galaxy Z Fold7 and Flip7,See Strong Pre-Registration Interest,Signaling Growth in the Folding Phone Market.
Samsung’s commitment to its innovative folding smartphone lineup is yielding encouraging results, with the newly released Galaxy Z Fold7 and Flip7 models garnering notable attention. The Galaxy Z Fold7 has been refined to be thinner, adopting a more conventional smartphone profile when closed.Meanwhile, the Galaxy Z Flip7 boasts an expansive outer display that covers the entire back panel, contributing to its sleek aesthetic.
Early data indicates a robust demand for the Galaxy Z Fold7, with pre-registrations for the blue color variant accounting for nearly half of all sign-ups. Black has emerged as the preferred color choice across the entire new family of devices. Moreover, Samsung has observed a notable trend as 2024: an increasing number of women are purchasing Fold models. The company plans to continue closely monitoring consumer engagement with these latest devices.
This positive reception for Samsung’s folding phones is a promising development for the broader foldable technology sector and could potentially influence competitors, including Apple, which is reportedly preparing to launch its first foldable iPhone next year. Though, it’s critically important to contextualize these successes against the backdrop of the overall smartphone market. Samsung’s previous Fold models have sold fewer than 10 million units, a figure considerably lower than the sales volumes of conventional smartphones, which often reach tens or even hundreds of millions of units.
