Samsung will reduce the supply of its phones for 2022

In recent years, declining smartphone sales have become a major problem worldwide. Earlier, the Canalys report showed that global smartphone sales fell by around 9%. This situation is expected to worsen in the coming days. But Samsung seems to have already anticipated such a downturn as it has reportedly lowered its smartphone market expectations for 2022.

BingMag.com Samsung will reduce the supply of its phones for 2022

In recent years, declining smartphone sales have become a major problem worldwide. Earlier, the Canalys report showed that global smartphone sales fell by around 9%. This situation is expected to worsen in the coming days. But Samsung seems to have already anticipated such a downturn as it has reportedly lowered its smartphone market expectations for 2022.

  • Samsung expects 2025 sales of folding phones will exceed the S series

According to the report of the Korean publication "TheElec", Samsung is reevaluating its production strategy for 2022. This company has changed the target of its smartphone market for this year from 300 million phones to 260 million smartphones.

We should mention that the initial goal of the Korean technology giant was to produce 334 million smartphones. Of the total 334 million devices, 284 million were manufactured in Samsung's own factories, while the production of the remaining 50 million phones was entrusted to its joint partners in China. However, the company has now reconsidered its decision and is reported to have revised its target figures. According to the information published by TheElec, Samsung plans to produce 34 million smartphones between October and November of this year, which is much lower than the previous quarter and the same time period of previous years.

BingMag.com Samsung will reduce the supply of its phones for 2022

In fact, after the end of the quarantines caused by Covid-19, people pay less for buying electronic products, especially smartphones. Experts active in this field have predicted an economic recession all over the world and the smartphone market is currently preparing itself for these conditions. Also, currently the inflation rate in some important markets is at its highest level. and according to some analysts, this issue was the main reason for customers moving away from the digital market. This means that users, just like large technology companies, have reduced their extra expenses as much as possible, and this issue can even lead to a decrease in the sale of economic products in the market.

  • Samsung still failed to convince users to buy The foldable phone will convince

For comparison, we should mention that about 300 million smartphones were sold in the first quarter of this year, and the Samsung Galaxy S22 series and the OnePlus 10 Pro have a very prominent role. These figures have come. Meanwhile, in the second quarter of this year, only 270 million smartphones were sold, which resulted in a significant drop of 9%.

Samsung faced many challenges in 2020 due to the corona virus epidemic. And finally sold 250 million smartphones that year. The pandemic eased slightly in 2021, which clearly benefited the company, as Samsung produced 300 million smartphones and shipped 270 million of them to global markets. But the company's new target for 2022 is much lower than previous years.

BingMag.com Samsung will reduce the supply of its phones for 2022

One Canalys analysts explain in this regard that the decline in demand has caused many concerns for smartphone supply chains. He hopes that these problems are temporary and will be resolved soon. However, logistical and production-related problems will continue. These include issues such as restrictions on imports from developing countries, which will lead to further delays in customs processes. Of course, it seems that not only Samsung, but almost all smartphone manufacturers are involved in these problems. Apparently, the only company that doesn't seem to be affected by these issues is Apple.

  • Samsung's new foldable phones have better battery life than the S22 Ultra

Source: Gizmochina

Leave a Reply

Your email address will not be published.