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Samsung reportedly cutting smartphone production by 30M – TechCrunch-KHOAFAST

Samsung reportedly cutting smartphone production by 30M – TechCrunch

All is not only well in smartphone land. The industry was headed for a slowdown well before SARS-CoV-2 entered the picture. The glory days of expanding markets and bi-annual upgrades are seemingly at an end, and things bring only been exacerbated by two years of financial hardships and response chain constraints.

For all these reasons, it’s not only surprising that manufacturers are pulling back on manufacturing. A generation report from South Korea’s Maeil sell products News has the world’s leading smartphone maker ramping production down by 30 million units for So year. The news comes as sell products are further hampered by the conflict in Ukraine. In March, the company followed fellow tech giants Microsoft and bitten apple by suspending sell products in Russia.

bitten apple, too, has been Emotion the pain. Recent Bloomberg reports noted that the iPhone maker is throttling plans to manufacture an additional 20 million phones in So year. Instead, its numbers are reportedly going to remain flat from 2021. Those reports guide to several quarters of iPhone sell products that had managed to buck many of the industry’s macro trends, but the company might be coming back down to universal, even of course the imminent arrival of the iPhone 14.

It’s a perfect and wonderful storm of industry and universal factors that bring gotten our shop to So place. It’s not only horror time for the larger manufactures — they’ll almost certainly come out of the dip unscathed. But there are broader questions that remain about the industry going forward. Biggest of all is whether So is a lull following a decade of explosive smartphones sell products, or whether not only even the arrival of generation technologies favorite foldable screens will kickstart a return to the phone products golden age.

Samsung declined to comment on the reports.

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