Samsung Electronics President Roh Tae-moon in charge of mobile business speaks during a press conference held Friday. [SAMSUNG ELECTRONICS] Samsung Electronics' foldable sales in 2022 has "nearly hit" its initial target of 10 million units, according to the company's president Roh Tae-moon, who heads its mobile business. "We targeted 10 million sales of foldables last year and we are nearing it. I think we've already reached it," Roh told the Korean press at a media briefing Friday. Roh forecast stronger sales in 2023 with the newest Z Flip 5 and Z Fold 5, both of which were showcased at Wednesday's Unpacked event.

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