Tech News

Samsung may expand production for its new foldable smartphones

Samsung Electronics is apparently planning on expanding the production capacity for its foldable smartphones. Moreover, the news arrives as the company’s newly launched Galaxy Z Fold 3 and Galaxy Z Flip 3 handsets see an unexpected demand across the globe. As per the report from the KedGlobal, Samsung Display, the company’s display technology unit, increases its annual production capacity of the foldable panels by 47 percent, marking an increase from 17 million units to 25 million units. In addition, this South Korean tech giant is also planning on expanding its Bac Ninh plant in Vietnam in the second half of this year. This site will seek to reach full operation scale by the end of this year or early next year.

Furthermore, experts believe that after the expansion plan completes, the brand will produce 10 million units of Galaxy Z Fold 3. And 15 million units of Galaxy Z Flip 3 models a year. In addition, the company aims on raising production. Since the demand for its new foldable smartphones was higher than initially expected. Surprisingly, its third generation of foldable phones saw about 920,000 pre-order in South Korea. This number is about 1.8 times more than even its newly launched Galaxy S21 flagship smartphone.

Moreover, there are so reports that the Pre-orders in the US even surpasses the brand’s second-generation foldable phone sales. This sale will be between the month of January and July 2022. The source states that ‘Samsung factories that make foldable devices are already operating at full capacity. Samsung has no option but to expand its facilities. It will likely add three more production lines to its current seven. And allow the company to manage the productions volume more flexibly.

Juhi

Juhi is a writer at bestopedia. She is really passionate about writing new content. She knows how to write well and teach her audience about new technology in simple words.

Share
Published by
Juhi

Recent Posts

Top 7 Best Watches Under 3000Rs in India – 2022

In today's life keeping a good quality watch is not just to see the time…

11 months ago

Nothing Phone (1) leaked transparent TPU case; arriving on July 12

Nothing is all set to launch its first smartphone Nothing Phone (1) on July 12.…

11 months ago

Top 10 Best Gas Grills Under 200$ – 2024

Everyone loves and enjoys delicious barbecue food, be it in backyard or picnic or some…

11 months ago

Xiaomi Band 7 Pro and Book Pro would launch on July 4; arriving along with Xiaomi 12S series

Xiaomi is working to bring the upcoming Xiaomi 12S series in China that includes Xiaomi…

11 months ago

Top 15 Best Earphones & Headphones For PUBG Mobile (Clear Foot Sound) | Buying Guide – 2024

If you are a PUBG player then you need to listen all the foot sounds…

11 months ago

OnePlus Nord Buds CE appears Bluetooth SIG certification; know the details

OnePlus after launching the OnePlus Nord Buds, now gearing up to launch the next Nord…

11 months ago