Samsung to expand Galaxy Fold Foldable Phone sales to 60 countries

Despite the high price of 2.39 million won ($2,022), the devices sold out in few minutes

Galaxy Fold Foldable Phone shop
Galaxy Fold Foldable Phone shop

Samsung Electronics will expand the number of countries selling its Galaxy Fold Foldable Phone to 60, because demand for the new type of device has exceeded expectations, a company official said Sunday.

By Baek Byung-yeul

The company will add more than 30 markets from December to February 2020 and expects sales volume to exceed 500,000.

“We have been asked by mobile carriers and users in countries where we didn’t launch the Galaxy Fold Foldble Phone to release the device, because the foldable phone has been drawing a lot of attention,” the official said.

The official added that new markets would include Vietnam, Brazil, New Zealand, Chile, Italy, the Netherlands and Greece.

Since rolling out the phones in Korea in September, Samsung has gradually expanded the number of countries where the Galaxy Fold is available. It is now sold in 29 countries including Korea, the United States, China, Japan, the United Kingdom, France and Germany.

Samsung mobile business president Koh Dong-jin previously said the Galaxy Fold would be available in about 20 countries in limited quantities, so the decision to expand the number of markets shows the positive response from consumers worldwide.

Despite the high price of 2.39 million won ($2,022), the devices sold out in few minutes. The phone has drawn the attention of early users in many countries. In China, the phones sold out in just two seconds when launched there in November.

Spurred on by the huge response, Samsung plans to expand the foldable phone range in 2020.

The company is expected to release a clamshell-style model, which will fold vertically, at the Mobile World Congress tech fair in Barcelona in February and a successor to the Galaxy Fold in the second half of 2020.


By Baek Byung-yeul