Samsung rolls back suggestion it sold a million Galaxy Folds, claims its president confused figures

Samsung backtracks on its claim that it sold a million bendable Galaxy Folds, blaming its president for confusing the figure with sales targets

  • Samsung is now denying previous claim that it sold 1 million Galaxy Folds 
  • The figure was suggested by Samsung President Young Sohn last week 
  • Previous sales estimates totaled around 500,000 units in October

Samsung is stepping away from its claim of selling 1 million Galaxy Folds just a week after one of its top executives suggested the accomplishment in a public interview.

According to a report from Korean news agency, Yonhap, Samsung is denying the claim made by its President Young Sohn at a recent conference held by TechCrunch in Berlin. 

‘… We’re selling [a] million of these products,’ Sohn told TechCrunch at the conference.

‘There’s a million people that want to use this product at $2,000.’

Samsung’s President Young Sohn claimed that the company sold 1 million units of its Galaxy Fold – a collapsible smart phone – last week. The company now says that figure was conflated with its initial sales target

Yonhap reports that a Samsung spokesperson has since suggested that Sohn confused the tech giant’s initial sales target with actual figures.

Previous estimates of sales placed the phone at around 500,000 units globally in October. 

MailOnline has reached out to Samsung for clarification on the number of Galaxy Folds it has sold since the device’s release in September but has not received a response before time of publication. 

For Samsung, 1 million units would have represented a significant feat given the nascence of the Fold’s bendable display technology and its premium price tag.

Samsung’s Galaxy Fold costs an eye-watering $1,980 which is several hundred dollars more expensive than the highest end iPhone model, the iPhone 11 Pro Max.

The figure also would have marked a major turnaround after an initial test of the device revealed several problems with the phone’s innovative display that let dust and particles slip beneath the screen and into the Fold’s hinge.

Those issues, which were only illuminated after the company sent the devices to several tech journalists, caused its hallmark folding display to blemish and in some cases stop working entirely.

Huawei's MateX (pictured above) is a close competitor with the Fold and started shipping in  China for a whopping $2,400

Huawei’s MateX (pictured above) is a close competitor with the Fold and started shipping in  China for a whopping $2,400

Subsequent fixes for the display involved tinkering with the phone’s hinge and its screen so that the folding outer layer tucks more snugly behind the Fold’s outer bezel.

After several months of delay and controversy, the Fold went on sale this September and became the first phone of its kind.

Several other companies have either released their own versions of a folding phone or have announced their intention to do so.

The next closest competitor is Huawei’s Mate X, which started shipping in China this October. The phone costs $2,400 and folds horizontally like the Galaxy Fold.