According to a recent article in the tech source The Elec states the company would cut down production from an average 25 million phones a month to only 10 million units for the month of April. This source also quotes an unnamed source to advise that the ongoing Covid-19 Iockdowns and the halting of production facilities in India as well as in the country of Brazil are causing of these reduction.
Samsung believes manufacturing will be normal during the month of May when both the India and Brazil plants will ressume production. Although, even though this lockdown has already been extended in India till the third of May and considering that Covid-19 occurences unfortunately are increasing in both these countries, the anticipated return to normal may take a more lengthy process than the company thinks.
And yet, there is a silver lining for the company. The predicted sales of the Samsung Galaxy S20 Ultra are beating market estimates and sales are expected to hit 6 million devices during this year as against the predicted sales of about 3.5 to 5.25 million smartphones.
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