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Samsung reportedly lowers 2022 smartphone shipments

Samsung reportedly lowers 2022 smartphone shipments.

  • Samsung is revising its manufacturing plan for 2022.
  • The company has decreased its previously stated 260 million smartphone shipment target for this year from 300 million units.
  • Sources claim that this year’s lower expectations are a result of supply chain problems, decreasing consumer demand, and increased inflation.

Dropping smartphone shipments have recently become the new standard. According to a Canalys analysis, worldwide smartphone shipments decreased by 9% in Q2 of 2022.

In the days to come, the situation is only anticipated to deteriorate further. Furthermore, it appears that Samsung has abandoned its 2022 goal for smartphone shipments, suggesting that the corporation has previously foreseen the decline.

A Korean newspaper reported that Samsung is revising its manufacturing plan for 2022. The business has decreased its previously stated 260 million smartphone shipment target for this year from 300 million units.

The initial 334 million smartphone production goal. Out of the entire 334 million devices, Samsung would have produced 284 million in-house and the remaining 50 million would have gone to joint-development manufacturers in China.

The corporation apparently changed the numbers and is now rethinking its choice.

According to the article, the South Korean manufacturer intends to produce 34 million cellphones all by itself between October and November.

This is significantly less than previous quarters and the same period a few years ago.

For comparison, despite the pandemic’s many difficulties in 2020, Samsung still shipped 250 million smartphones. In 2021, the pandemic subsided a little, which was undoubtedly advantageous to the business as it produced 300 million units and shipped 270 million of them.

Even if it successfully ships the predicted units, which is improbable, its revised aim for 2022 is lower than that.

Sources claim that this year’s lower expectations are a result of supply chain problems, decreasing consumer demand, and increased inflation.

Nearly all OEMs, not just Samsung, are struggling as a result of these problems. Apple is the one business that doesn’t appear to be impacted.

 

 

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