Why Samsung believes Galaxy Z Fold 5, Flip 5 will make foldables mainstream in India

The Galaxy Z Fold 5 and Galaxy Z Flip 5 have logged more than 100,000 pre-bookings in India in the first 28 hours setting a new record for Samsung and giving a big shot in the arm to the South Korean major’s ambitions to capture over 50 percent market share in the super-premium ($1000 or higher) segment in the world’s second largest smartphone market.

As compared to the Galaxy Z Fold 4 and Galaxy Z Flip 4, the fifth-generation of Samsung’s foldables has received 1.7 times more pre-bookings during the first 28 hours, response the company ties to the “growing confidence” of Indian consumers in the category. Pre-bookings for the Galaxy Z Fold 5 and Galaxy Z Flip 5 opened on July 27 and general availability is pegged for August 18.

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