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Samsung to launch third generation Galaxy Z foldable series in 130 countries
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Samsung to launch third generation Galaxy Z foldable series in 130 countries

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Seoul: As the official launch of Samsung's third-generation Galaxy Z foldable series in India is about to happen on September 10, Samsung Electronics on Friday said it has launched new foldable smartphones globally and will be available in 130 countries by October.

According to the company, sales of Samsung's foldable devices - the Galaxy Z Fold3 and the Galaxy Z Flip3 - have started in some 40 countries, including South Korea, the United States, Britain and France.

The South Korean tech giant which has sharply lowered prices for its latest foldable smartphones, cutting as much as 400,000 won (US$340) compared with predecessors, hopes the latest Galaxy Z series can mainstream the foldable category and boost its handset sales.

The Z Fold3, which is Samsung's first foldable smartphone supporting its S Pen stylus with an under-display camera, sells for 1.99 million won here. The Z Flip3, whose cover display is four times larger than the previous model, is priced at 1.25 million won.

Samsung said preorders for the new Z series have been successful worldwide. Since the devices were introduced on August 11, preorders were available in 70 countries, reports Yonhap news agency.

In India, where the official launch will begin September 10, the first-day preorder figure for the new devices was 2.7 times larger than that of the Galaxy Note 20, while in South Korea, industry insiders estimated that more than 800,000 units of the new Z series devices were sold during the one-week preorder period that ended Monday.

A record 270,000 units of preordered devices were activated Tuesday alone.

In the US, Samsung said preorder numbers for the new foldable smartphones were larger than the total sales volume of the Z series phones in the country this year.

Samsung, the world's largest smartphone vendor, said it will run various promotions to boost sales of its new smartphones, including rental services, a trade-in program and discount options, though programs may differ by country.

In South Korea, Samsung will offer Care+, its mobile care plan, for free for 12 months, and 100,000 won coupons for accessories to buyers of the new Z series until September 30.

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TAGS:Samsung Tech Updates Galaxy Z 
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