Samsung has recently launched the company’s next-generation Galaxy Note series flagship smartphones — Galaxy Note20 and Note20 Ultra. However, it seems that the South Korean giant isn’t expecting as much demand as its predecessor for the new devices.
As per the report coming from The Elec, Samsung has ordered about 20 percent fewer components for the Galaxy Note20 series. However, if that’s actually the case, then it is likely for the initial batch only and if the company sees a surge in demand, it can procure more components.
The report claims that Samsung is expecting initial shipments of three million units for the latest Note-series flagship smartphones. Further, it adds that the total expected shipments for the lineup stand at around 10 million units by the end of this year.
The move of ordering 20 percent fewer components for the Galaxy Note20 series could be because of the less than anticipated demand for the Galaxy S20 series smartphones launched earlier this year.
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Also, the company’s sale of smartphones has been impacted by the COVID-19 pandemic and since major markets still haven’t recovered, the company is likely keeping the stock volume low for the initial batches.
The Samsung Galaxy S20 Ultra was the best-selling model in the lineup and the company also expects a similar situation with the newly launched series. It expects Galaxy Note20 Ultra to account for 70 percent to 80 percent sales among the two models.
The Samsung Galaxy Note20 comes with 8GB RAM and 128GB storage, for a price of $999.99. On the other hand, the Galaxy Note 20 Ultra is priced at $1,299.99 for the 12GB + 256GB variant and $1,499.99 for the 12GB + 512GB version. Both models will go on sale from August 21st.
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