Sales of the Galaxy Z Fold 8 increased following the announcement of the iPhone Duo
Published 5 hours ago | By Nouman Shakeel
Sales of Samsung’s Galaxy Z Fold 8 in South Korea have seen an increase of approximately 10% following the announcement of Apple’s first foldable iPhone, the "iPhone Duo."
According to sources in the ICT industry, sales of the Galaxy Z Fold 8 rose by 10% in the week following Apple's September 9 announcement of its first foldable iPhone, compared to the preceding week.
Industry sources suggest that some consumers had postponed their decision to purchase a new foldable phone until Apple's device was unveiled. After the announcement of the iPhone Duo, some of these consumers opted to buy the Samsung phone.
While Apple's entry into the foldable phone market has certainly heightened consumer interest in the sector, the pricing and availability of devices from both companies are also influencing buyer decisions.
Pricing of Both Phones in South Korea
In South Korea, there is a price difference of 1.01 million won between the iPhone Duo and the Galaxy Z Fold 8 for the same storage capacity. The 256GB model of the iPhone Duo is priced at 3.29 million won, whereas the Galaxy Z Fold 8 with the same storage is priced at 2.28 million won.
| Phone | Storage | Price in South Korea |
|---|---|---|
| iPhone Duo | 256 GB | 3,290,000 KRW |
| Galaxy Z Fold 8 | 256 GB | 2,280,000 KRW |
| iPhone Duo | 2 TB | 5,090,000 KRW |
There is a price difference of 1,010,000 won—approximately $720—between the two phones with 256GB of storage. Meanwhile, the price of the most expensive 2TB model has been set at 5,090,000 won.
In the United States, the price difference between the two models with the same storage capacity is relatively smaller, reported to be around $100.
