The Samsung Galaxy Z Flip (which launched in mid-February) seems to be doing better than the company’s first foldable phone 230,000 units were sold in the month of March alone, 56.1{8c54160eed80eb00ac4f5d74c8785e95142d89daf570f201b81dc7fdc31059f3} up from the February numbers. For comparison, Samsung sold 400,000 Galaxy Folds in all of 2019.
Still, thats a minor win as the big money maker, the Galaxy S20 series, is not doing so hot. A report from Korea states that sales are 35{8c54160eed80eb00ac4f5d74c8785e95142d89daf570f201b81dc7fdc31059f3} down from what the S10 managed last year.
While COVID-19 related lockdowns certainly had an effect, the overall sales of Samsung smartphones are down 22.4{8c54160eed80eb00ac4f5d74c8785e95142d89daf570f201b81dc7fdc31059f3} – a steep drop, but not as big as that suffered by the flagship line. In total the company sold 89.46 million units this March, 4.3{8c54160eed80eb00ac4f5d74c8785e95142d89daf570f201b81dc7fdc31059f3} down compared to February.
Apple, which like Samsung is dependent on Western markets, saw a 23.4{8c54160eed80eb00ac4f5d74c8785e95142d89daf570f201b81dc7fdc31059f3} year on year drop in sales for March with a total of 10.14 million units sold. Thats nearly a quarter down from the February sales.
Meanwhile, Huawei is showing signs of recovery with a month-to-month increase of 26.6{8c54160eed80eb00ac4f5d74c8785e95142d89daf570f201b81dc7fdc31059f3} as the companys key market, China, is already recovering.
Samsung isnt so lucky as its key markets remained closed in April, it reportedly expects an even bigger drop in sales.