Samsung has taken a big decision regarding its most expensive and advanced foldable smartphone Galaxy Z TriFold. The company is reportedly now gradually stopping the sale of this device. This phone is being removed from the market only after about three months of its launch, which clearly indicates that this product was a limited technology showcase and not a mass-selling smartphone.
South Korean outlet Dong-A IIbo According to , Samsung first launched the product in its home market South Korea. Galaxy Z TriFold Preparations have been started to stop the sale. After this, as soon as the existing stock gets exhausted in America, its sale will be stopped there also. Even on Samsung’s website, no restock update is visible regarding this device and it is listed as “sold out”. Listed Has gone.
It seems that Samsung never intended to mass produce this model. The company sold this device in limited quantities through its website. Multiple reports suggest that Samsung sold around 3,000 units in the first two batches.
The Dong-A Ilbo report, quoting industry sources, states that the TriFold was a technological showcase, not a revenue-generating product. There is almost no profit margin left on this device due to the rising costs of components like DRAM and NAND flash. The source further told the outlet that the phone briefly sold in the secondary market in South Korea for almost three times its retail price.
Samsung introduced this phone late last year, which featured a dual hinge design and frankly offered a display as large as a 10-inch tablet. The company had presented it as a demo of its engineering capabilities. But due to its high price, it remained limited to only a few selected users. his Price around $2,899 (Approximately Rs 2.69 Lakh), which makes it quite expensive for common users.
Bloomberg’s Report It is said that Won-Joon Choi, COO of Samsung’s Mobile Experience Business, had said in a recent interview that the company has not yet taken any decision regarding the next version of TriFold. He described its manufacturing as complicated, although some of the features used in it can be seen in other foldable devices of the company in future.
