As Huawei faces sanctions, Korean media claim that Samsung’s smartphone shipments will increase to 300 million in 2021
According to Korean media ETNews, Samsung is expected to increase its smartphone shipments to 300 million units in 2021. The company plans to increase shipments because its rival Huawei faces US sanctions.
It is worth noting that the performance of Samsung’s Galaxy S20 series was not satisfactory, and the new coronavirus epidemic made the situation worse in the first half of this year. The company experienced a downturn in sales at the beginning of this year. According to an industry source, Samsung is planning to promote a plan to increase smartphone shipments to 300 million units .
In 2020, Samsung’s total shipments are expected to reach 260 million units, so it is expected that 2021 will increase by 15% over this year. In addition, this is also due to Huawei’s recent sanctions by the United States. In other words, Samsung obviously wants to seize part of Huawei’s market share . The source said, “Samsung Electronics predicts that due to US sanctions, Huawei’s smartphone shipments next year will decrease by 70% compared to this year.”
Naijatechnews learned that a report recently released by Strategy Analytics shows that despite Samsung’s sluggish performance in 2020, Samsung is expected to maintain its leading position in the global smartphone market this year. The company will maintain a strong 21% market share in 2020, with Apple and Huawei ranking second and third respectively.