Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised 
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate 
Nvidia Nears $20 Billion OpenAI Investment as AI Funding Race Intensifies 
SpaceX Seeks FCC Approval for Massive Solar-Powered Satellite Network to Support AI Data Centers 
Tencent Shares Slide After WeChat Restricts YuanBao AI Promotional Links 
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine 
AMD Shares Slide Despite Earnings Beat as Cautious Revenue Outlook Weighs on Stock 
Nintendo Shares Slide After Earnings Miss Raises Switch 2 Margin Concerns 
Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge 
SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off 
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates 
Sam Altman Reaffirms OpenAI’s Long-Term Commitment to NVIDIA Amid Chip Report 
Jensen Huang Urges Taiwan Suppliers to Boost AI Chip Production Amid Surging Demand 
SoftBank and Intel Partner to Develop Next-Generation Memory Chips for AI Data Centers 
Oracle Plans $45–$50 Billion Funding Push in 2026 to Expand Cloud and AI Infrastructure 
Baidu Approves $5 Billion Share Buyback and Plans First-Ever Dividend in 2026 
It has been less than two weeks since Samsung unveiled the Galaxy Z Fold 3 and Galaxy Z Flip 3, but both devices appear to be performing well in terms of sales. The company recently confirmed that it has received the biggest pre-orders yet for any foldable smartphone it has released so far.
Samsung confirmed on Monday that there has been a great response since it opened the pre-orders for Galaxy Z Fold 3 and Galaxy Z Flip 3 earlier this month. “Interest in foldable smartphones is at an all-time high, with pre-order volume for Z Fold3 and Z Flip3 already outpacing total sales for Galaxy Z devices to date in 2021,” the company said (via Android Central).
The company did not provide specific numbers. But a report from the Korea Herald says the Galaxy Z Fold 3 and Galaxy Z Flip 3 have received a combined 450,000 pre-orders as of Sunday, Aug. 22. That was less than a week since Samsung opened the pre-orders for both foldable phones last Aug. 17.
Sources of the same report estimate that the Galaxy Z Fold 3 and Galaxy Z Flip 3 could reach up to 600,000 pre-orders, or up to 800,000 including the sales of unlocked units, by the time pre-orders close. These numbers are already way above the Galaxy Z Fold 2’s pre-sales record, which the publication said only reached 80,000 units.
In the United States, pre-orders for Galaxy Z Fold 3 and Galaxy Z Flip 3 will remain open until Thursday, Aug. 26. Samsung offers an array of freebies for customers who will pre-order either of the foldable phones. The offers include a $200 Samsung Credit on Galaxy Z Fold 3 and $150 on Galaxy Z Flip 3 and up to 12 months of free Samsung Care+.
Samsung also offers quite a lucrative deal through its trade-in program that will bring the starting price of Galaxy Z Fold 3 to $999.99 and the Galaxy Z Flip 3 to $499.99 instead of $1,799.99 and $999.99, respectively. Through the Samsung US page, customers can opt for unlocked phones and units tied with telco carrier plans from Verizon, AT&T, T-Mobile, and US Cellular.
Photo by Onur Binay on Unsplash
