Samsung lowers its target for 2022 smartphone shipments to 260 million units. due to restrictions in the supply chain: report

Neha Roy
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 According to reports, Samsung has lowered its objective for 2022 smartphone shipments. According to the report, the South Korean juggernaut had earlier this year expected to produce 334 million smartphones and export roughly 300 million of its phones. According to reports, the corporation has now lowered its 2022 phone shipping goal to 260 million units. Samsung shipped 270 million smartphones in 2021, according to the report, and the new goal is significantly lower. According to reports, Samsung's phone shipping volume declined the most in 2020.

TheElec said that the South Korean firm has lowered its forecast for smartphones shipped in 2022 from 300 million to 260 million units. According to reports, Samsung made this choice as a result of the weak global economy, supply chain issues, and generally weak demand for smartphones. The article also stated that the corporation had earlier this year set a goal to produce 334 million phones.

According to the research, Samsung will have shipped 270 million smartphones in 2021. According to reports, the pandemic caused the company's worst decline in phone shipments in 2020, when it shipped only about 250 million handsets. The revised goal appears to be in the range of the quantity of units shipped in 2021 and 2020. The South Korean business reportedly supplied more than 300 million devices a year before the outbreak.

According to the report, of the 334 million phones Samsung had planned to make this year, 284 million would have been made in the company's own facilities. The other 50 million phones would have been made in collaboration with partners in China. The report went on to say that between October and November of this year, Samsung presently expects to create around 34 million units. This is reportedly a lot less than the number of units produced in the same quarter in 2021 and earlier quarters this year.

Samsung reportedly stated recently that the ongoing inflation is unlikely to have an impact on India's desire for smartphones. According to reports, Samsung also stated that it anticipates double-digit volume increase this year.


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