Samsung is said to be diversifying its production for the Galaxy Z Fold2 with two countries: Brazil and Vietnam. The upcoming foldable smartphone was announced earlier this month during Samsung"s Galaxy Unpacked 2020, but the company is scheduled to hold a second part of that event on September 1 to talk in depth about the device.
According to a new report from South Korea, about 20% of the Galaxy Z Fold2 production will occur at Samsung"s plant in Vietnam. The Galaxy Z Flip Thom Browne Edition is also said to be manufactured in that country. Furthermore, the tech giant is said to kick off production of that device in Brazil next month, with 700,000 to 800,000 units expected to be produced this year alone. The rest of the handset"s production will reportedly take place in Samsung"s plant based in Gumi, South Korea.
The plan is to adjust the phone"s production plan every week and vary its production volume depending on its market success, according to an industry source. According to the latest figures from Counterpoint Research, Samsung dominates the Latin American market with 43% share as of the second quarter of 2020, followed by Motorola at 22% and Huawei at 9%. It remains to be seen, though, how a pricey device such as the Galaxy Z Fold2 will perform in an emerging market like Brazil.
Source: TheElec