On Friday, Samsung Electronics launched its newest foldable smartphones in almost 40 different nations, believing the innovations would help the global smartphone market recover from its recent slump amid high inflation.
The largest smartphone manufacturer in the world announced that the Galaxy Z Fold 4 and Flip 4, the Galaxy Watch 5, and the Galaxy Buds 2 Pro are now officially available in countries including South Korea, the US, and France. By September, the company hopes to have the products available in about 130 additional nations.
Since Samsung announced the foldable phones earlier this month during an online “Unpacked” event, preorders have been open in almost 70 different countries.
More than 50,000 pre-orders for the Galaxy Fold4 and Galaxy Flip4 were placed by Samsung in less than 12 hours, demonstrating the strong demand for the company’s fourth generation of foldable in India.
Pricing and color of Samsung foldable phones
The pricing of the Galaxy Z Flip4 is Rs 89,999 for the 8GB+128GB edition and Rs 94,999 for the 8GB+256GB variant. It is available in the colors Bora Purple, Graphite, and Pink Gold.
The “Bespoke Edition,” which provides several glass colors and frame choices, would cost Rs 97,999 and be sold at Samsung Live and Samsung Exclusive Stores, according to a statement from the firm.
The pricing of the Galaxy Z Fold4 is Rs 154,999 for the 12GB+256GB edition and Rs 164,999 for the 12GB+512GB variant. It is offered in the colors Gray-green, Beige, and Phantom Black.
For Rs 184,999, customers can also get the 12GB+1TB model only via Samsung Live and Samsung Exclusive Stores.
According to the firm, 970,000 preorders were placed in South Korea for the seven days that concluded on August 22. This is the highest number for any foldable phone and represents an increase of about 5.4% from the previous record, according to Yonhap news agency.
With a slimmer hinge and clamshell design, the Galaxy Z Flip 4 offers a longer battery life and better camera performance. The significantly bigger Galaxy Z Fold 4, which unfolds like a book and is lighter than its predecessor, offers improved multitasking and a user-friendly screen environment with a layout similar to that of a PC. It also has superior shock protection features and longer battery life.
Although Samsung was a pioneer in the worldwide foldable phone business, several analysts noted the new phones don’t appear to have any ground-breaking advances and have identical characteristics.
The release of the most recent foldable smartphone series coincided with the world’s largest smartphone manufacturer, along with many other consumer gadget manufacturers, experiencing difficulties due to the current state of the global economy, which has reduced customers’ purchasing power.
According to market research firm Canalys, Samsung sold 60 million smartphones in the second quarter, dominating the worldwide smartphone industry with a 21 percent market share. The total is up somewhat from 58 million a year ago but down 19% from the previous quarter.
Follow us on Twitter for more updates