According to the latest information, the South Korean tech firm, Samsung has set a plan to produce 290 million smartphones next year (2023). The graph is reduced to 13% compared to the plan to make 334.2 million smartphones this year (2022).
Samsung Galaxy S23 lineup is expected to arrive in the first quarter of 2023. Industry analysts say that in order for Lee Jae-yong’s new Samsung era to settle down, the smartphone business must maintain stable growth and profitability.
13% reduction in the smartphone market
Samsung Electronics set its smartphone production plan for next year at 290.68 million units and set an annual smartphone shipment target of 270 million units. In general, production is 10% more than shipments. This is slightly higher than the shipment of 260 million units this year (2022).
The production plan is set for 290.68 million units is 13% lower than the 2022 production plan of 334.2 million units released at this time last year. Earlier, Samsung Electronics decided to ship 334.2 million smartphones in order to regain 300 million smartphone shipments by 2022.