- Samsung will see its smartphone production fall by more than 50% in April due to the coronavirus.
- Some of Samsung’s biggest factories in countries like Brazil and India have been closed for weeks.
- The smartphone industry on the whole is reeling and there’s no telling when demand will return to pre-coronavirus levels.
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Samsung’s smartphone production is poised to drop by more than 50% this month on account of the coronavirus pandemic. The South Korean tech giant, which typically manufactures 25 million handsets in April, will see that figure drop down to around 10 million units according to a report from The Elec. That’s an astounding 60% decline, to be precise, and the resulting sales drop-off will undoubtedly have a huge impact on the company’s bottom line.
There are a few factors in play here worth mentioning. For starters, Samsung three weeks ago shut down a number of its smartphone factories in Slovakia, South Korea, Brazil, and India in order to comply with government shutdown directives designed to stop the coronavirus from spreading.
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Coronavirus prompts Samsung to cut smartphone production in half originally appeared on BGR.com on Thu, 16 Apr 2020 at 23:03:53 EDT. Please see our terms for use of feeds.
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