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Samsung It is forced by the new Coronavirus to make a radical new decision, and this could disappoint many people who had completely different expectations for the company’s 2020 year. Specifically, due to the very small losses generated by the new Coronavirus, Samsung decided to focus primarily on cheap 5G phones instead of premium phones, which is not exactly good news for fans who were expecting something else.
Samsung It was unsuccessful with the GALAXY S20 series released in the spring, and this is because the entire smartphone market saw a big decline due to the new Coronavirus, and the rest of the year could be just as troublesome. In this sense, Samsung believes that cheap 5G phones will help them increase their sales and recover some of the money lost during this period, or at least that is what the South Korean press says today.
Samsung: the new RADICAL decision imposed by the coronavirus
Samsung It is just one of the companies substantially affected by the economic woes caused by the new Coronavirus, but it is the first that would no longer focus on premium mobile phones in 2020. The decision comes after it was announced last week that Samsung would cut With almost 50% of the production of telephones in our own and associated factories, also due to the new Coronavirus, the situation is very serious at the moment.
“Samsung is trying to reverse the downward trend in sales by focusing on a cheaper 5G line and believes that 5G in affordable smartphones will be the most important thing in the post-coronavirus economy.” The Galaxy S20 trio sold just 60% the same as the Galaxy S10 series in the same time period on the market last year. If sales have started to disappoint, it now seems highly unlikely that the company will be able to reach its sales target of 32 million for the Galaxy S20 series. “
Samsung wants to recoup most of the losses generated during this period due to Coronavirus, and this could happen with the sale of cheap phones with 5G connectivity. Of course, it is also necessary for telecom operators to expand their 5G networks so that people want to buy such phones, and this is because in other conditions there is not much use for the 5G support they have implemented.
Samsung You could explain the decision in the coming period, or you could let it all happen on your own, and just focus on the phones that give you the most sales.