Samsung to boost manufacturing of Galaxy Fold

This image is Galaxy Fold production

New-age foldable smartphones from Samsung Electronics appear to be effective as their original precautions sold out in South Korea rapidly.

The second round of pre commands on the Fold started at 12 p.m. on the company’s official website on Sept. 18, came to a close in 15 minutes. There were no indications of the exact number of units available for pre-order, but it is estimated that the first 2,000-3,000 batch will have been about 4,000-6,000 on 5 September.

In 15 minutes the first batch of Fold smartphones–only accessible via local phone companies SK Telecom and KT.

Due to strong demand from the sector, Samsung is likely to increase the manufacturing of the foldable smartphone.

The local newsletter Asia Times cited an officer from Samsung as stating, “As Fold is popular here, the company’s aim is to boost its manufacturing volume.”

The Fold was originally planned for April, but owing to technical problems the launch was postponed. Following the monthly delay, the revised Fold was presented previously this month, with much attention, at the IFA trade fair in Berlin. When unveiled, the 4.6-inch smartphone becomes a 7.3-inch tablet PC.

Besides Samsung’s recent Galaxy Note range, the popularity of the folding phone also boosts revenues.

Note 10 sales and their bigger version Note 10 Plus, according to the tech giant, were above one million by 16 September. The smartphones came out on 23 August.

A fresh record in 25 days is to cross the one million mark. The Galaxy S8 published in 2017 set the prior 37-day record. Note 9 took 53 days to achieve the milestone of one million.

Note 10 Plus accounted for 63% of revenues, and 40% of the total buyers were women, according to the business. 20% of the consumers were those in their 20s.

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