According to a new report from a reputable South Korean news outlet, Samsung will produce...
This is inflation and a decline in consumerexpenses, the continuing shortage of components and the armed conflict between Russia and Ukraine. Samsung is expected to change production volumes for devices of all price categories: from entry-level to flagships.
The company originally planned to create 310million smartphones in 2022, but events forced Samsung to lower its target to 280 million units. Despite record first-quarter revenue and roughly 73.7 million smartphone shipments worldwide, the South Korean giant has made adjustments. Other big players such as Apple are also reportedly cutting production, with the number of iPhone SE units dropping by 20%.