Phones

Samsung plans weeks early release of Galaxy Z Fold 5 and Flip 5

Published

on

Samsung is preparing to release the Galaxy Z Fold 5 and Galaxy Z Flip 5 about four weeks early. Usually, the company launches its foldable phones in mid-August and releases them in late August, however, it doesn’t seem to continue this year.

According to a Korean media report, Samsung is planning an early release schedule (by four weeks) for the Galaxy Z Fold 5 and Galaxy Z Flip 5. The report says that sources believe the company could unveil and begin releasing the products within July 2023.

  • Launch – Early to mid-July
  • Release – Late July

During the earning announcement call, Samsung MX Divisions MD said that the company will continue to sell existing models through foldable reboot marketing while raising awareness, and preparing for the release of new models in the second half of the year.

Notably, the Galaxy Z Fold 4 and Flip 4 were released in August 2022. Solely in South Korea, pre-orders recorded 970,000 units, renewing the highest record for a foldable phone. In the European market, it is evaluated as a box office success, with sales more than twice that of its predecessor.

Early release makes sense

Hopefully, the semiconductor industry could improve in the second half of the year. From the standpoint of Samsung Electronics, a situation has been created in which the rescue pitcher Z Fold 5 and Flip 5 foldable smartphones will be launched early.

The Galaxy S23 series sold like hotcakes in the first quarter, however, Samsung already predicted a fall in sales in the second quarter. Moreover, Google’s first Pixel Fold phone is launching in May 2023 along with some Chinese products in the second quarter.

Analysts say that Samsung will not be able to help but be conscious of the diversified lineup of foldable phones, unlike last year, or the position that “nothing has been confirmed yet” regarding the early release of the Galaxy Z Fold 5 and Flip 5.

Exit mobile version