June 23, 2024


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Samsung Galaxy Z Flip sales go up in March as the Galaxy S20 flagships struggle

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, that’s 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.

Samsung Galaxy Z Flip sales go up in March as the Galaxy S20 flagships struggle

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. That’s 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 company’s key market, China, is already recovering.

Samsung isn’t so lucky as its key markets remained closed in April, it reportedly expects an even bigger drop in sales.


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