Samsung cuts smartphone component orders by 50% due to COVID-19

by admin on Apr 27, 2020
Image Source : ET News

It appears that the COVID-19 episode has a terrific effect on the smart device industry as well as all OEMs are faced with an obstacle to browse with these uncertain times. According to the most current report, Samsung is doing the last by restricting its component orders by fifty percent.

There has been a report lately mentioning that Samsung is now making concerning 10 million mobile phones a month, down from 25 million as well as the current insurance claim by people accustomed to the matter goes in line with the current news.

Yet cutting 50% of its orders is a sign that the business does not anticipate the market to recuperate anytime quickly. The law reduces impact all smartphone lines – from the entrance level to the high end.