Report: Samsung lowers smartphone shipment target to below 2021 level

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Report: Samsung lowers smartphone shipment target to below 2021 level

The market results of the pandemic could also be waning, however new points have arisen which are complicating issues for smartphone makers. This has pressured Samsung to reevaluate its manufacturing technique for this yr, reviews TheElec.

In accordance with the publication, the unique manufacturing goal was 334 million smartphones (Samsung was going to make 284 million in its personal services, leaving the remaining 50 million to its associate ODMs).

Of these, the plan was to ship 300 million models. Nevertheless, the corporate has reportedly revised that quantity right down to 260 million and has slashed the manufacturing goal for October and November to 34 million models, a lot lower than ordinary for the interval, declare insiders.

For comparability, Samsung had a weak 2020 as a result of pandemic and shipped 250 million smartphones for the yr. In 2020 it manufactured 300 million models and shipped 270 million of them (10 million greater than the brand new goal for this yr).

Sources level the finger at rising inflation, decrease shopper demand and provide chain points for the lowered targets this yr.

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