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Samsung announces a cut of 30 million mobiles

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Samsung announces a cut of 30 million mobiles

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Analysts say that Samsung expects a drop in sales of its Galaxy smartphones of approximately 13%.

The great fall of mobiles is a reality: Samsung announces a cut of 30 million mobiles

It’s been a while since the smartphone market is faltering amid geopolitical tensions, supply crises and problems stemming from a coronavirus pandemic that does not finish closing especially in Asian countries with “zero Covid” strategies where factories and manufacturing tend to be concentrated.

In any case, has been the high inflation Derived from all the macroeconomic problems that have managed to knock down smartphone sales for the first time in years globally, and this is a reality confirmed by the very Samsung, which already foresees a reduction in its shipments of smartphones of approximately 13% in the coming months.

broken samsung mobile

The crisis worsens: Samsung is already limiting its production of smartphones.

Our colleagues told us GizmoChina emphasizing in fact those reasons that we mentioned, starting from that gloomy economic picture in a lot of countries, especially in Europe, in addition to the problems in the supply chains and the drop in demand on practically the entire planet.

The giant Samsung already predicts a resounding decline in the smartphone industry by 2023, in which they plan to sell 30 million fewer units of their Galaxy phones (a 13% drop more or less).

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It is not something that we do not expect the ‘smartphone industry’ It’s been a long time since he’s been saturatedalthough the enormous growth of markets such as China and India, mainly, had kept the sales figures of the giants of the sector in positive trends now unsustainable.

Nothing could be further from the truth for what is coming, indeed, and that is that a report from the Taiwan Economic Daily already recognizes that the dome of Samsung expects a reduction in its mobile shipments by 2023 of approximately 13 percentresulting in selling no less than 30 million units of Galaxy phones less all over the world.

The numbers don’t lie, because Samsung did grow in sales in the third quarter of 2022 compared to Q2 of this same year, although if we look at the year-on-year graphs the drop is already 8% compared to 2021.

And it’s not just Samsung, because most providers in the sector prepare for massive falls including the Japanese Murata, the Chinese Tongxin Electic or the Taiwanese Duntai, which from various countries have also announced production drops in the coming months.

Experts estimate that at the end of the third quarter of 2023 we will begin to see the lightbut it seems clear that if an industry as buoyant as this one begins to show signs of fatigue, the next few months are going to be complicated in almost all productive sectors.

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