Samsung expects to reduce the production of mobile phones by 30million units in 2022 From SamMobile

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Recently, according to sammobile, Samsung expects to cut its mobile phone production by 30million this year. It is reported that Samsung originally planned to produce 310million smartphones this year, but now it has decided to reduce it to 280million. The report points out that the global environment is facing severe challenges, and Samsung has to take measures to reduce production. At the same time, Apple also cut the production of smart phones in 2022. It is reported that Apple will cut the production of iPhone Se by 20%.
According to Q1 data this year, the global smartphone market has declined to varying degrees. According to the Q1 2022 global smartphone market report released by canalys, in the first quarter of 2022, the global smartphone shipment reached 311.2 million, a year-on-year decrease of 11%.
Samsung regained its leading position after updating its product portfolio in 2022, with a shipment of 73.7 million units, down 4% from a year ago. Apple combined the high demand of the iPhone 13 series with the new iPhone se, achieving a steady growth of 8% and a shipment of 56.5 million units.
Analysts said: uncertainty in the global market is imminent. The smartphone industry was dragged down by the unstable business environment in the first quarter, and the traditional seasonal demand is weak. Suppliers must allow themselves to quickly respond to emerging opportunities and risks while focusing on their long-term strategic plan.
Read more about zikuai Technology: Samsung: senior executives interpret 1q20 financial statements. The top priority is to control risks and respond to needs. Restore Samsung Electronics: 1q20 revenue was $44.7 billion, up 5% year-on-year. Credit Suisse Research Institute: 30% of consumers in emerging countries are interested in buying Samsung mobile phones. In 2018, Q3 Samsung smartphones shipped only 600000 units in China. IDC: in 2017, Q4 Apple’s market share was 19.2%, ranking first. Strategy Analytics: in 2017, Q2, global Samsung Galaxy S8 shipments 10.2 million strategy Analytics: Samsung Galaxy S8 shipped more than 20million Counterpoints: in Q2 2019, Samsung Galaxy S10 series sold 16million units. Chitika: in November 2014, Samsung accounted for 77% of the traffic of large screen mobile phones with more than 5 inches in North America. IDC: in Q3 2014, the global smartphone shipment exceeded 320million, and Samsung ranked first with 23.8% of the total. Asymco: data chart interpretation why Samsung mobile phone shipment suddenly stopped growing. Opensignal: as of August 2014, the global smartphone shipment was 43% Strategy Analytics: in Q2 of 2014, Samsung’s North American smartphone market share reached 36.2% and surpassed apple to rank first. Jackdaw research: Figure 1: understand how serious the decline of Samsung’s mobile phone business is. Strategy Analytics: in Q1 of 2019, Samsung shipped 1million mobile phones in China, and the market share rose to 1.1%
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