Samsung lowers 2025 foldable smartphone production targets after drop in pre-orders

Samsung has reduced its production targets for foldable smartphones in 2025 due to a decline in pre-orders. The Galaxy Z Fold 6 and Z Flip 6, launched in July, received about 910,000 pre-orders, down 16.3% from the previous models. The company plans to produce around 5 million units of the Galaxy Z Flip 7 and Z Fold 7, significantly lower than the 8.2 million target for the Z6 series. The price of the new foldables is believed to have impacted sales. In contrast, Samsung aims to increase production of its Galaxy S series, targeting 37 million units for the Galaxy S25 series in 2025. This shift indicates a focus on more established smartphone demand amid challenges in the foldable market.