Earlier this yr, Samsung launched the Galaxy S20 collection flagship smartphones but it surely didn’t carry out as per the corporate’s expectations in phrases of sale and the scenario created by the COVID-19 pandemic additionally didn’t assist.
Not too long ago, the South Korean big launched the Galaxy Observe20 lineup and because the Galaxy S20 didn’t carry out nicely, expectations have been excessive with the newly introduced Galaxy Observe20 lineup to make up for the weak gross sales of the S20 collection.
Nevertheless, a brand new report coming from Korea claims that Samsung has scaled down the manufacturing of the Galaxy Observe20 collection smartphones, indicating that the gross sales are usually not as per the corporate’s expectations.
The report claims that the corporate aimed to product 900,000 models of the Observe20 lineup in October however solely manufactured 600,000 models — solely 70 p.c of what the model initially deliberate to make.
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It additional provides that the manufacturing ratio between the Galaxy Observe20 and Galaxy Observe20 Extremely was round 1:2, and the drop in the manufacturing price for the Observe20 was worst in comparison with the Observe20 Extremely.
The report additionally provides that the corporate is now gearing as much as begin the manufacturing for the next-generation Samsung Galaxy S21 collection smartphones from subsequent month and for the preliminary batch, the corporate is aiming to make two million models.
Samsung not too long ago introduced its monetary report for the third quarter in which the smartphone gross sales elevated 50 p.c in comparison with the earlier quarter, however the credit score for that goes to the low-end and mid-range choices greater than the premium fashions.
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