Because of the COVID-19 pandemic, Samsung has halted its Original Design Manufacturing (ODM) operations. With the situation now getting normal, the company has resumed ODM operations for its business.
As per the report, Samsung is planning to produce around 24 million to 26 million units of smartphones through ODM partners this year. The numbers represent about 10 percent of the company’s total annual smartphone production.
EDITOR’S PICK: Brazilian Supreme Court to determine Apple’s rights for the usage of iPhone trademark
It adds that the South Korean giant has planned for ODM to account for 20 percent of the total production but has now lowered the expectations because of the COVID-19 pandemic. For the period of two months — February and March, Samsung’s ODM partners Wingtech and Huaqin saw a drop of 50 percent in their production.
Last year, ODM partners had produced around 30 million units of smartphones for Samsung, which were well received in the targeted market. The company could have sold more units but the partners couldn’t handle the jump in orders.
Currently, China-based Wingtech is making the Samsung Galaxy M01s smartphone for the company, which was launched last month, targeted towards the Asian market. As the name indicates, the phone is a variant of Galaxy M01.
UP NEXT: Apple Watch and iPad reportedly launching in September while iPhone 12 delayed to October
