The Korean edition of Maeil Economic Daily reports in a new report that one of the largest gadget manufacturers Samsung
How much and why?
Samsung reportedly notified its partnersto reduce smartphone production for the remainder of 2022. The total volume, according to the publication, decreased by 30 million smartphones. So, if initially Samsung planned to produce about 310 million smartphones during the current year, now this figure has been reduced to about 280 million devices.
Samsung calls continued rise in inflationa key reason for the decline in production, especially because it affects consumer spending on new products. In addition, the constant shortage of chips and other components continues to affect everyone from Samsung to Apple and limit production accordingly. The war in Ukraine and the subsequent economic problems in Russia also affect the reduction in production.
By the way, the other day there was also information aboutthat Apple will not increase production this year, planning to produce 220 million iPhones. Market forecasts expected around 240 million units in 2022.
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