As Chinese company Xiaomi’s business share in the global market grows, Samsung is set to review the business management of its smartphones.
This review is expected to be different from the general review of other times. According to local media, the review will address issues such as the company’s market share and business challenges.
Although Samsung has produced some of the best Android phones in the smartphone market, the company’s business has declined in the current quarter compared to the previous quarter.
The S21 series of smartphones recently unveiled by the company has not been able to meet the market targets like the previous S series phones. The company has not yet commented on the matter.
The lack of chips in the global market had a negative impact on the market supply of other companies, including Samsung. As a result, Samsung’s production also declined, leaving Samsung behind in the 5G phone business.
Of course, Samsung was the first to launch the 5G phone at a lower price. However, Samsung still has time to recover from the downturn.
Next week, Samsung Galaxy is unveiling some new phones, including some of the best foldable phones on the market.
But Samsung is expected to unveil the Galaxy S21 FE soon. By releasing well-priced phones at the right time, Samsung has not regained its market share.