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Why Samsung Doesn't Have High Hopes For The Galaxy Z Fold 5 And Flip 5
Buoyed by the success of its foldable phones, Samsung reportedly set ambitious shipment targets that exceeded 15 million units for its yet-to-be-launched 2022 Galaxy Z Flip 4 and the Galaxy Z Fold 4. So why, according to a report from The Elec, has the company lowered its shipping expectations for the foldable smartphones it intends to launch in 2023?
Global challenges, such as the war in Ukraine, stock markets on a prolonged bear run, and a possible recession for several economies, could be to blame. According to the report, Samsung only expects to ship a total of 10 million foldable phones in 2023, which includes 2 million units of the Galaxy Z Fold and 8 million units of the Galaxy Z Flip.
The report also talked about some of the expected features of the Galaxy Z Fold 5 — for instance, the possibility of getting a 50MP primary rear-facing camera that uses the Samsung ISOCELL GN3 sensor. Given that industry analysts have already predicted a massive dip in the number of smartphone shipments in 2023, Samsung isn't entirely wrong with its assessment.