Samsung has confirmed that its next Galaxy Unpacked event will take place on 5th August, where the company is expecting to launch its next-generation Galaxy Note20 series as well as Galaxy Z Fold 2 and a couple of other products.
Now, ahead of the launch of the upcoming Note-series flagship smartphones, a report claims that the South Korean giant isn’t keeping high expectations from the lineup in terms of sales, at least for the initial phase.
The report further goes on to add that Samsung is being cautious about ordering too many components for the new phones from its suppliers because of lower sales expectations. The primary reason for this is being cited as the ongoing COVID-19 pandemic.
Samsung has also been struggling with the sales of its Galaxy S20 lineup, the number of which stands lower than the sales number of Galaxy S10 series. As per the data available, Samsung sold 3.5 million units of the Galaxy S20 Plus in Q1 2020 while the company had sold 5.2 million units of Galaxy S10 in Q1 2019.
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The entire Galaxy S20 lineup, which includes Galaxy S20, S20 Plus, and S20 Ultra, managed to sell 8.2 million units in the first quarter of this year. Do keep in mind that the smartphone was announced in February this year and went on sale in the month of March. So, the device had been on sale for just three weeks in the first quarter of this year.
However, the pandemic is also one of the reasons behind the lower sales numbers for the latest Galaxy S-series flagship smartphones from Samsung. And it seems that the company will continue facing the same issues with the upcoming Galaxy Note20 series.
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(Source)
