Samsung has stuck with 50 million smartphones due to low demand

Mostly mid-range, A-series mobiles remained in the warehouses.

We live in interesting times: no one needs the devices and hardware they can make, while they can’t get enough of the best-selling models due to the lack of semiconductors. Moreover, the economic situation is not one in which everyone can afford to buy a new asset; those who do not yet feel the burden of huge inflation, rising commodity and fuel prices, have begun to prepare for even tougher challenges.

Both Apple and Samsung expect a year worse than previously expected.

In addition, a report from South Korea says the latter is in trouble because it has 50 million unsold devices in stock. Most of these are said to belong to the mid-range A-Series, not tempting enough for consumers to opt for them.

Samsung plans to ship 270 million handsets. At the beginning of the year, it still produced 20 million a month, but in May it took down half of the equipment and did not ask its partners for as many parts as before.

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Source: PC World Online Hírek by

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