Earlier this year, Samsung launched the Galaxy S20 series flagship smartphones but it didn’t perform as per the company’s expectations in terms of sale and the situation created by the COVID-19 pandemic also didn’t help.
Recently, the South Korean giant launched the Galaxy Note20 lineup and since the Galaxy S20 didn’t perform well, expectations were high with the newly announced Galaxy Note20 lineup to make up for the weak sales of the S20 series.
However, a new report coming from Korea claims that Samsung has scaled down the production of the Galaxy Note20 series smartphones, indicating that the sales are not as per the company’s expectations.
The report claims that the company aimed to product 900,000 units of the Note20 lineup in October but only manufactured 600,000 units — only 70 percent of what the brand originally planned to make.
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It further adds that the production ratio between the Galaxy Note20 and Galaxy Note20 Ultra was around 1:2, and the drop in the production rate for the Note20 was worst compared to the Note20 Ultra.
The report also adds that the company is now gearing up to start the production for the next-generation Samsung Galaxy S21 series smartphones from next month and for the initial batch, the company is aiming to make two million units.
Samsung recently announced its financial report for the third quarter in which the smartphone sales increased 50 percent compared to the previous quarter, but the credit for that goes to the low-end and mid-range offerings more than the premium models.
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