Samsung produces about 2.5 crore smartphones every month, and making that number 1 crore is a huge deduction.
There has not been a year for the smartphone market yet and now Samsung, the world’s largest mobile phone company, has decided to reduce its production by 50%.
Samsung Mobile reported that during April 2020, Samsung plans to produce one crore of smartphones, which may seem like a lot, but very little in the way of the company.
In fact, Samsung produces about 2.5 crore smartphones every month. And making that number 1 crore is a huge deduction.
And needless to say why the South Korean company had to do so, in fact, the demand for new smartphones around the world has seen a significant decline as a result of the new Novel Coronavirus outbreak.
Due to the Coronavirus, Samsung’s new flagship Galaxy S20 series phones have been badly affected and this effect can last for several months as the lockdown in most countries has resulted in a decline in people’s income.
According to the report, there are still several phones made in the market in the market that could not be sold In Slovakia, South Korea, Brazil and India, the company had to close its factories.
Due to travel restrictions, it has not been easy to bring new phones to different countries.
The report said that if conditions improve next month, production may be rescheduled, but this will depend on the spread of the virus.
Not only Samsung but all the smartphone companies’ sales have dropped significantly.
Sales of Apple’s iPhones in China declined to just 5 million units in February, while overall demand for smartphones in China was down 20% compared to the same month last year.
2020 was not a good year for the mobile industry and it now seems that Samsung has some hard calls to make.
The latest outbreak of the Novel Coronavirus has contributed to a major decrease in smartphones around the world.
The new Galaxy S20 flagship phones from Samsung have been badly affected by the Corona virus and this impact will take several months as a decline in income is occurring in most countries due to the lock-down.
The report says that in Slovakia, South Korea, Brazil and India, the company had to close up its factories, there are still many phones on the market.
It was not easy to carry new phones to different countries due to travel restrictions. The report says that development can be rescheduled if conditions improve next month, but that will depend on how the virus spreads.
It has fallen considerably, not just Samsung but all mobile businesses.
In February, sales of Apple iPhones for China declined to five million units, while overall smartphone demand for China decreased by 20% in comparison with last year’s same month.
Report on 50% Decline In Samsung Smartphone Production, Coronavirus