Here’s why Samsung may cut smartphone shipments in 2023
Samsung, as per the report, was able to raise its market share in smartphone shipments during the third quarter this year compared to the second quarter. However, when compared year over year, the company saw a decline of about 8%.
Samsung is reportedly planning to cut its smartphone shipments in the year 2023. According to a report from Taiwan Economic Daily (via ITHome), the company may reduce its smartphone shipments by 13% next year. This roughly translates to 30 million units of Samsung phones. The South Korean company has reportedly not been able to sell its estimated smartphone units this year.