Samsung is predicted to extend its smartphone shipments to 300 million models in 2021, in accordance with an ETNews report. The corporate plans on elevating the shipments as its rival, Huawei, faces stiff laws by the US, and because the general smartphone market declines.
Notably, the South Korean tech large’s Galaxy S20 sequence didn’t carry out in addition to deliberate, with the Coronavirus pandemic making issues even worse for the primary half of this yr. The corporate noticed sluggish gross sales in the beginning of the yr and is seemingly trying to get better gross sales in the latter half of this yr. In line with an business insider, Samsung is planning on selling a plan to boost its smartphone shipments to the 300 million models mark.
In 2020, it’s anticipated that the corporate will ship a complete of 260 million models, so a rise of 15 % over this yr is predicted in 2021. Moreover, it is usually motivated by Huawei’s present state of affairs with the latest US sanctions. In different phrases, Samsung is clearly in search of to seize a few of Huawei’s market share. The supply said that “Samsung Electronics expects that Huawei’s smartphone shipments will lower by 70 % subsequent yr from this yr attributable to US sanctions.”
Different stories have revealed that regardless of the sluggish efficiency in 2020, Samsung continues to be anticipated to take care of its lead in the worldwide smartphone market this yr. The corporate will nonetheless maintain a robust 21 % market share in 2020, with Apple and Huawei arriving second and third respectively.
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