Is the 2.39 million KRW Galaxy Z Fold2 priced at 2.95 million KRW in China?

Galaxy Z Fold2 Released with 512GB Capacity
Price 550,000 KRW Higher Than Domestic
"Specifications May Vary by Release Country"

Galaxy Z Fold2 Launch Event in China (Source=Ice Universe Twitter)

[Asia Economy Reporter Han Jinju] Samsung Electronics has launched the 'Galaxy Z Fold2' in China at a price of 2.95 million KRW.

On the 10th, Samsung Electronics released the Galaxy Z Fold2 in China. The price is 16,999 yuan (2,488 USD), which is approximately 2.95 million KRW.

The reason the Galaxy Z Fold2 is priced about 550,000 KRW higher in China than the domestic release price (2,398,000 KRW) is due to storage capacity. While the global model, including the domestic version, was released with a single 256GB capacity, the Chinese version has double the memory capacity at 512GB.

Except for the memory capacity, the overall specifications such as screen size, chipset, camera, and battery are the same as the global model. The Galaxy Z Fold2 features a 7.6-inch main screen and a 6.2-inch cover display, and the AP specifications support Snapdragon 865+ and 12GB RAM.

Samsung Electronics explained, "The specifications of the released products may vary by region."

Foldable smartphones are more popular in China than in Korea. The first foldable phone, the Galaxy Fold, released last year, quickly sold out in China even during the second round of sales. During the first round of online sales, it sold out in just 2 seconds. Samsung Electronics is known to have supplied an initial quantity of 20,000 units.

The Galaxy Fold was first released as a 4G model in China, but the 5G version, W20 (the Chinese name for Galaxy Fold), targeted at affluent consumers, sold out in just 3 minutes on Samsung Electronics' online mall, Sim Gye Cheon Ha, despite its price of 19,999 yuan (3.32 million KRW). This model was about 1 million KRW more expensive than the version released domestically and was upgraded with a Qualcomm Snapdragon 855+ AP.

Meanwhile, Samsung Electronics will also launch the 'Galaxy Z Fold2 Thom Browne Edition' in China on the 25th of this month.

This content was produced with the assistance of AI translation services.