Samsung flagship failed to sell

Samsung flagship failed to sell

Samsung has reduced the production rate of the current flagship. This is reported by the Korean edition of The Elec with reference to industry sources.

As it became known to journalists, the production of smartphones Galaxy Note20 reduced due to low demand. It is specified that in October Samsung planned to ship almost 900 thousand devices, but released only about 600 thousand units. According to sources, thereby the Korean corporation accepted the fact that the base smartphone flagship Galaxy Note 20 failed to sell. According to sources, the top flagship Samsung was more popular than the base. The ratio of production Galaxy Note20 and Galaxy Note20 Ultra was about one to two. Official sales of smartphones series Galaxy Note20 started on August 21.

Journalists said that Samsung Mobile has successfully closed the third quarter, receiving an operating profit of 4.45 trillion won, or about four billion dollars. This figure is more than 50 percent more than in the same period in 2019. According to analysts, most of the profit was generated by low-cost smartphones, although the company said its financial success was due to cost restructuring and effective marketing costs.

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The official announcement of smartphones Galaxy Note20 and Galaxy Note20 Ultra was held on August 5. Flagship received a display Dynamic AMOLED, Exynos 990 processor or Snapdragon 865 +, up to 12 gigabytes of RAM and up to 512 gigabytes of internal memory, a triple camera.