Even earlier than the iPhone 15 sequence was launched, Samsung apparently had a sense that its rival’s telephones had been going to do effectively. And now that that worry is coming true, the corporate may go ahead with its alleged plan to introduce the Galaxy S24 sequence sooner than final yr.
South Korean publication The Elec’s (by way of Revegnus)new report sheds mild on the present state of issues at Samsung. The corporate’s newest foldable handsets – the Galaxy Z Fold 5 and Flip 5 – are apparently promoting 8 to 10 % higher than their predecessors, which is not any imply feat, given the present state of the market.
However Samsung’s bendable telephones aren’t proof against the broader macroeconomic challenges and don’t appear to be doing in addition to Samsung had hoped. So although the corporate’s annual foldable shipments are projected to be 10 % larger in comparison with 2022 and should attain 10 million items for the primary time in historical past, trade watchers have noticed one thing that signifies that gross sales are falling wanting expectations.
The three-day Chuseok vacation is across the nook, and if demand for the brand new Galaxy Z sequence telephones was excessive, Samsung would have ordered new elements to keep away from manufacturing disruptions, however that does not appear to be the case. This means that shipments won’t attain the 12 to 13 million items predicted by trade watchers.
An earlier report had stated that Samsung’s companions would kick off mass manufacturing of Galaxy S24 elements in November, a month earlier in comparison with final yr. This gave rise to speculations that the corporate would transfer up the launch of the Galaxy S24 line.
At the moment’s report claims that the Galaxy S24 will probably be launched a month sooner than the Galaxy S23, which was launched in February. Elements manufacturing will start from subsequent month.
The Elec says that Samsung goes to launch the Galaxy S24 sequence sooner than final yr as a result of the iPhone 15 is seeing robust demand. The South Korean big does not need Apple to take huge bites out of its market share.
