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Samsung Galaxy Z Fold4 / Flip4 may not meet shipment targets forecasted at 8 million units

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On August 10 this year, Samsung released the Galaxy Z Fold4 / Flip4 folding screen phone, both phones are equipped with Snapdragon 8 + Gen 1 chip, with a country starting price of RMB 12,999 and RMB 7499 respectively. Samsung Europe Chief Marketing Officer Benjamin Braun previously said at IFA 2022 that shipments of the Galaxy Z Fold4 and Galaxy Z Flip4 “doubled” in mainland Europe compared to the previous models (i.e. Galaxy Z Fold3 and Z Flip3).

According to SAMMOBILE today, citing TheElec, Samsung aims to achieve a total sales of 15 million units of all its folding screen phones by the end of this year. But Noh Geun-chang, head of Hyundai Motor Securities Research Center, said a conservative estimate puts Samsung’s total sales of folding screen phones at about 10 million this year, with the Galaxy Z Fold4 / Flip4 folding screen phones selling about 8 million units.

Compared to Samsung’s Galaxy Z Fold3 / Flip3 folding screen phone sales of 7.1 million units over the same period last year, the forecasted Galaxy Z Fold4 / Flip4 folding screen phone sales achieved a 13% increase but did not achieve Samsung’s shipment target for this year. According to the report, this situation is mainly related to the global economic situation, rather than the Samsung Galaxy Z Fold4 / Flip4 folding screen phone product problems.

Data analyst Omdia said before the release of the Galaxy Z Fold4 / Flip4 folding screen phone that Samsung will ship 11 million Galaxy Z Fold 4 / Flip 4 folding screen phones by the end of this year. Together with the Galaxy Z Fold 3 / Flip 3 and other folding screen products, Samsung will ship 13 million folding screen phones this year.

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