After Samsung stopped producing the Galaxy Note line, many users thought that the company may have shot itself in the foot. However, it turns out that Samsung was on the right track. The company just announced that the annual sales of the Galaxy Z series have surpassed that of the Galaxy Note series. This was a huge success because the average selling price of the Galaxy Z series was much higher, leading to higher sales and profits.

Folding phones finally become mainstream as sales of the Galaxy Z series overtake the Galaxy Note series
Samsung has announced that the annual sales of the Galaxy Z series have surpassed that of the Galaxy Note series in Europe. The recently launched Galaxy Z Flip5 and Galaxy Z Fold5 have broken the first-time sales record, surpassing their predecessors. Samsung claims that this shows that foldable phones are finally becoming mainstream.

Industry experts predict that sales of the Galaxy Z Flip5 and Galaxy Z Fold5 will surpass 10 million units globally by the end of this year. Even in India, the pre-orders of the Galaxy Z Flip5 and Galaxy Z Fold5 are already 70% higher than that of their predecessors.

โ€œOur newest foldable phone is selling super fast. In fact, the annual sales of our foldable phones have already surpassed the Note series in Europe,โ€ said Benjamin Braun (Samsung Europe Marketing Manager) at Samsung's press conference. on August 31 at the IFA 2023 event in Berlin.

In Europe, the ratio of Galaxy Z Flip5 and Galaxy Z Fold5 sold is 7:3. The most popular color options for the Galaxy Z Flip5 are Indie Gray and Mint Blue, while most Galaxy Z Fold5 buyers choose Icy Blue and Phantom Black.

Samsung claims that most users were convinced by the large external display of the Galaxy Z Flip5. Five years after the first foldable phone was commercialized, Samsung is still the only brand selling foldable phones worldwide.