Samsung Shipped Less Than 300 Million Phones in 2020, Lowest in Nine Years: Report

Samsung shipped lower than 300 million cell models this yr – its lowest determine in 9 years – as per a report. The coronavirus pandemic brought on the South Korean tech big’s cell gross sales dip under 300 million for the primary time since 2011, said the report. Nonetheless, Samsung is planning to show this round by aiming to ship 307 million cell phones in 2021, out of which 287 million will probably be smartphones and the remainder characteristic telephones.

As reported by South Korea’s ET Information, Samsung’s plan for 2021 shipments will see round a 14-percent enhance when in comparison with 2020’s projected quantity. Samsung shipped a complete of 189.4 million cell phones by the top of Q3 this yr and is estimated to ship a complete of 270 million cell phones in 2020, when the This fall projected figures are added.

Samsung’s annual cargo dipping to under 300 million models, a primary in 9 years, is probably going a consequence of the coronavirus pandemic. Citing an insider from Samsung, the report mentioned that the South Korean tech big needs to be conservative on the subject of 2021 regardless of doable advantages arising from restrictions on Huawei.

Samsung is reportedly specializing in rising the variety of 5G fashions and strengthening gross sales of medium- and low-end telephones subsequent yr. The corporate, as per the report, plans to fabricate 49.8 million flagship fashions that embody the Galaxy S21 sequence and foldable smartphones.

It’s estimated that 55 million smartphones will probably be manufactured by joint improvement producers (JDM), as per the report. Subsequently, 20 p.c of the smartphones that will probably be shipped in 2021 will probably be manufactured by JDMs.

Is that this the top of the Samsung Galaxy Word sequence as we all know it? We mentioned this on Orbital, our weekly know-how podcast, which you’ll be able to subscribe to through Apple Podcasts, Google Podcasts, or RSS, obtain the episode, or simply hit the play button under.