Apparently Samsung is shipping foldable smartphones by leaps and bounds

In somewhat surprising news, Samsung is claiming record global sales of its foldable smartphones – up to a 300% increase – from 2020, and this “rapid growth” is set to continue. This revelation comes from the head of the company’s Mobile Experience (MX) business, Dr. TM Roh. The news stands out just weeks before Samsung’s Unpacked event in August.

TL;DR

  • In 2021, nearly 10 million foldable smartphones were shipped worldwide.
  • The “rapid growth” should continue, which is not a surprise!
  • Samsung will hold the Unpacked August Event on August 10.

Samsung Galaxy Unpacked confirmed / © Samsung

Roh says the 10 million units sold in 2021 is far more than the International Data Corporation originally expected. The figures previously published by the IDC – estimated at around seven million units – are much higher in reality. In February, the IDC said it had “witnessed global shipments of foldable phones…” in 2021 alone.

Regardless of the exact set of numbers, Samsung’s MX division reported that it did indeed see an increase in revenue last year, primarily due to strong sales of devices that include the Samsung Galaxy Fold 4 and the Samsung Galaxy Flip 4, as well as with their latest iteration of Galaxy S smartphones.

The head of the Mobile Experience business also essentially doubled down, confirming the introduction of its Flip and Fold models at the August 10 Unpacked event. He also mentioned user improvements for highly sought-after devices.

And that’s it, at least for now! Stay tuned here on NextPit and check back for the latest and greatest.

Are you excited about Unpacked? Will you choose one of these popular foldables?