Samsung may shrink its smartphones by 13% in 2023

Samsung may shrink its smartphones by 13% in 2023

Reports said today, Monday, that the South Korean company “Samsung” plans to reduce its shipments of smartphones, by 13 percent during the next year 2023.
Samsung was not able to sell many smart phone units, as expected for many reasons, including the problem of the supply chain caused by the Kofid-19, according to the website “Gizmoshina”.
The “Samsung” plan reflects the reducing shipments by 13 percent, approximately 30 million smartphones.

Although the smart phone maker was able to increase his share in the market, in terms of shipments during the third quarter of 2022, compared to the second quarter, the company witnessed a total decrease by about 8 percent, compared to last year, according to the report.
It was recently reported that Samsung is expected to sell 270 million smartphones during 2023, focusing on its foldable phones.

The South Korean company estimated the sale of 260 million units sold in 2022 by about 10 million over last year, and “Samsung” wanted to increase this by 10 million next year.
“Samsung” was focusing on selling its foldable phones in order to achieve that goal, because it could increase profitability rather than just huge sales volumes in general..

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