Eric Zeman/Android Authority
TL; PhD
- A new report claims that Samsung is improving its ability to make Samsung foldable displays for smartphones.
- The report stated that the company will expand its display production plant in Vietnam later this year.
- The high demand for foldable mobile phones has driven the demand for more displays.
Samsung Galaxy Z Fold 3 and Galaxy Z Flip 3 have just been released. However, the company apparently did not wait to see if they will achieve sales success. On the contrary, it is reported that it is fully committed to the production of future foldable smartphones.A new report from Korea Economic Daily It is claimed that Samsung Display is preparing for a large-scale factory expansion in order to substantially increase the output of its flexible displays.
According to the report, Samsung’s display factory in Bac Ninh, Vietnam will start to expand later this year and is expected to be completed by the end of 2021 or early 2022. Once completed, the plant will increase the output of foldable displays from 17 million units to 25 million units per year, or about 47%. According to the report, 10 million of these displays will be used for future Galaxy Z Fold phones, while the other 15 million will be used for smaller Galaxy Z Flip phones.
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The report also reported that the pre-orders for its two latest foldable phones have generated 920,000 pre-sales in South Korea. It also claims that its pre-orders in China have exceeded 1 million units. In contrast, the defective original Galaxy Fold sold only 500,000 units worldwide, while the total sales of Galaxy Z Fold 2 and Galaxy Z Flip phones were only 1.5 million units. According to the article, Samsung has produced 3 million newest foldable phones in the first two months of production.
If Samsung does succeed in making the Galaxy Z Fold 3 and Galaxy Z Flip 3, then you can bet that its competition will also make foldable phones a greater priority. This should also result in Samsung Display getting larger orders from third-party mobile phone manufacturers.