Samsung Galaxy Z Fold3 and Z Flip3 Popular in the US... Initial Sales Reach 87% of Note20's

[Asia Economy Reporter Eunmo Koo] Samsung Electronics' 3rd generation foldable smartphones, the 'Galaxy Z Fold3' and 'Galaxy Z Flip3,' are gaining popularity in the U.S. market comparable to the Galaxy Note series. With global total sales reaching 2 million units, it is evaluated that they have entered the full-scale popularization stage.

According to global market research firm Counterpoint Research on the 8th, the initial three-week sales of the Z Fold3 and Z Flip3 in the U.S. reached 87% of the 'Galaxy Note20,' which was released around the same time last year. Global total sales were estimated to have reached about 2 million units by the end of September.

Counterpoint Research stated, "Foldable phones, once considered niche products due to quality issues and high prices, are now being accepted as mainstream products," adding, "Foldable phones tend to expand sales through word of mouth, so the sales volume of subsequent models is expected to gradually increase." Among these, the sales proportions of the Z Fold3 and Z Flip3 were similar at 48% and 52%, respectively.

Counterpoint Research also forecasted, "Considering that sales initially focus on high-priced flagship products, the sales proportion of the Z Flip3 is expected to increase significantly in the future."

Kang Minsu, a researcher at Counterpoint Research, observed, "While existing Galaxy Note sales tended to decline after the release of new Apple products, the foldable series has clear differentiating factors, so this impact is expected to be relatively small."

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