Samsung foldable smartphones get 50k pre-orders

New Delhi/Mumbai: Samsung’s latest foldable smartphones have garnered around 50,000 pre-bookings within the first 12 hours of the announcement, a record for the company as it looks to scale its foldable business 1.5 times over what they did last year, a senior company executive told ET.

“Since yesterday afternoon when the pre-bookings opened till midnight, we had about 50,000 pre-bookings for the Fold 4 and the Flip 4. The initial response has been fantastic and the count is going up as we speak,” said Raju Pullan, senior vice president at MX business, sales at Samsung.