The worldwide crisis has deeply affected many companies, especially companies such as Samsung and Apple. It has been announced that Samsung has reduced its production target due to the crisis.
Samsung has cut its production target by 10 percent this year
A source in the company’s supply chain contacted South Korean newspaper Maeil Business News. Stating that Samsung has reduced its target of 310 million phones at the beginning of 2022, the person made a statement on the subject.
According to the emerging information, Samsung will produce a total of 280 million phones in 2022. The company will reduce 35 percent in May and 10 percent in 2022. Analysts underline that apart from the worldwide crisis, the Ukraine war also added companies.
It is stated that the events in Ukraine suppressed the sales of technological products in Eastern European countries. Samsung, which produced 270 million devices last year, will have increased its 2022 target despite the crisis.
Canalys announced that Samsung is the leader in Europe with a 35 percent market share in the first quarter of 2022. The company, which has a 14 percent difference to its closest rival Apple, will have a hard time in 2022 due to inflation.
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