Samsung may cut smartphone production by 30M units

Samsung may cut smartphone production by 30M units

According to a new report from a reputable South Korean news publication, Samsung will produce 30 million fewer smartphones in 2022. The three main factors for the production decline are rising inflation and subsequent consumer spending, the ongoing component shortage and the war in Ukraine. Samsung is expected to adjust production for all price brackets of devices from entry-level to flagships.

Samsung may cut smartphone production by 30m units

Samsung initially planned to manufacture 310 million smartphones for 2022 but the latest developments have forced the Korean tech conglomerate to dial back its goal to 280 million units. Despite record-breaking Q1 revenues and an estimated 73.7 million smartphone shipments globally, Samsung will have to adjust its goals. Other big players like Apple are also reportedly cutting down production with Cupertino looking to make 20% fewer iPhone SE units.

Source (in Korean)


Source link

About Winnaijablog 9197 Articles
For Promotions:- Email: Call: +2348155287551 Whatsapp: +2348096040609

Be the first to comment

Leave a Comment Here

This site uses Akismet to reduce spam. Learn how your comment data is processed.