Despite numerous technological speedbumps, Samsung’s foray into foldable display smartphones appears to have paid off with the Samsung Galaxy Fold sales figures crossing 1 million units.
Announced via Techcrunch, it was revealed that the hardware company has sold over a million foldable Samsung phones since their official release in early September.
“And I think that the point is, we’re selling [a] million of these products,” said Samsung Electronics President Young Sohn. “There’s a million people that want to use this product at $2,000.”
While the flexible phone did generate a lot of negative attention due to technical fallacies, Sohn says that this feedback is important to evolve the technology. If Samsung didn’t release the product into a consumer market, them they couldn’t effectively test the product.
According to Techcrunch, Sohn believes “if they kept devices like the Fold in labs, they wouldn’t get the input they needed.”
Despite Samsung essentially releasing a high-priced beta product into market, just like Google did with the now-dead Google Glass, Sohn believes the company made the right move.
Despite numerous technological issues with the product, Sohn thinks that if the demand is there, Samsung should provide it.
When asked if the company is comfortable selling a beta device for a whopping $2000, Sohn used the 1,000,000 sold Folds as a justification.
It’s clear that the demand for Samsung’s foldable is there. Despite its huge pricetag, the Fold sold out instantly in some areas. In India, Samsung’s excitemental flagship sold out in a staggering thirty minutes. It may have a repairability score of two, but people love new tech!
With the Samsung Galaxy Fold 2 in the works, we wonder if the Samsung Galaxy Fold sales figures will be topped during the next generation of foldables.