Samsung 2020 exports at nine-year low: report


Samsung shipped less than 300 million mobile units this year – the lowest in nine years – according to a report. Coronavirus pandemic South Korean tech giant mobile sales have dropped to less than 300 million for the first time since 2011, the report said. However, Samsung plans to roll out 307 million mobile phones by 2021, of which 287 million are smartphones and the rest are feature phones.

As Reported Through South Korea’s ET News, Samsung The 2021 freight plan will increase by 14 percent compared to the projected number of 2020. By the end of Q3 of this year, Samsung had shipped a total of 189.4 million mobile phones, and when Q4 estimates are added in 2020, a total of 270 million mobile phones are expected to be shipped.

Samsung’s annual shipments are less than 300 million units, the first of its kind in nine years, an evolution of the coronavirus epidemic. Quoting an insider from Samsung, the report said the South Korean tech giant wants to be conservative when it comes to 2021 despite the benefits of sanctions on Huawei.

Samsung is reportedly focusing on increasing the number of 5G models and strengthening sales of medium and low-end phones next year. According to the report, the company plans to manufacture 49.8 million flagship models Galaxy S21 Series and foldable smartphones.

Joint Development Manufacturers (JDM) is expected to manufacture 55 million smartphones. Therefore, JDMs will make up 20 percent of the smartphones shipped in 2021.

Is this the end of the Samsung Galaxy Note series as we know it? We discussed this Orbit, Our weekly technology podcast, you can subscribe to Apple Podcasts, Google Podcasts, Or RSS, Download the episode, Or press the Play button below.



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