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Galaxy Fold Sells Out in China--Twice
November 18, 2019 Samsung’s official Weibo account, reported that all units of the CNY15,999-priced phone (over $2,000) sold out in five minutes. Now, a fresh report claims that the Chinese 11.11 sale Galaxy Fold units also sold out swiftly. Figure 1: Samsung's Galaxy Fold Notice in China Source: Company
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Samsung didn’t disclose how many devices have been sold during both sales. Nevertheless, some people actually paid the equivalent of $2,288/€2,000 to get the Huawei Mate X’s major rival even though the Fold variant lacked 5G connectivity. Another shipment was the Fold was expected on November 12th.
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Barry Young
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