• Home
  • Politics
  • News
  • Business
  • Health
  • Entertainment
  • Sports
  • Lifestyle
  • Education
  • Opinion
Sunday, 29 January, 2023
  • Login
topfmonline.com
 
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Health
  • Lifestyle
  • Sports
  • Education
  • Technology
  • Foreign
No Result
View All Result
topfmonline.com
No Result
View All Result
Home Technology

Samsung’s reportedly cutting its phone production for 2022

TOPFM NEWS by TOPFM NEWS
May 30, 2022
in Technology
A A
0
Samsung’s reportedly cutting its phone production for 2022
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

Samsung is reportedly scaling back the number of phones it’s planning on producing in 2022, from 310 million to 280 million, according to SamMobile, which cites a report from Korean outlet Maeil Business News. In absolute terms, that’s still quite a lot of phones, but it’s a relatively sharp decrease from the company’s original goal (and from the reported number of phones it and its partners produced last year). It seems that there may be a trend of manufacturers preparing for the economy to get worse before it gets better.

Reportedly, the lowered production targets will affect phones across its lineup, from low-end models to flagships. In a way, cutting the production of its less expensive phones sounds counter-intuitive — wouldn’t more people turn to those during an economic downturn? But it tracks when you consider that the alternative is just not buying a phone at all; people who are in the market for low-end phones might not want to buy a new one unless they absolutely have to, and those who have high-end phones would probably be better off just keeping them for an extra year or two.

Samsung isn’t alone in feeling the effects of a continuing pandemic, the Russia / Ukraine war (which has resulted in the company, along with many others, halting shipments to Russia), and ever-increasing inflation. Apple’s also reportedly expecting relatively stagnant sales this year, as it’s planning to produce around the same number of phones as it did in 2021, despite the fact that it’s likely working on some pretty big upgrades.

Related Posts

TikTok launches an elections hub in Kenya ahead of General Elections

TikTok launches an elections hub in Kenya ahead of General Elections

July 15, 2022
10
Facebook to allow up to five profiles tied to one account

Facebook to allow up to five profiles tied to one account

July 15, 2022
4
Source: Mitchell Clark
Via: TheVerge
Tags: Samsung’s reportedly cutting its phone production for 2022
Previous Post

WhatsApp for iOS improving Reactions feature in new update

Next Post

Ghosts are chasing me – Kumawood actor, who celebrated his birthday in the cemetery, cries

Related Posts

TikTok launches an elections hub in Kenya ahead of General Elections
Technology

TikTok launches an elections hub in Kenya ahead of General Elections

July 15, 2022
10
Facebook to allow up to five profiles tied to one account
Technology

Facebook to allow up to five profiles tied to one account

July 15, 2022
4
Microsoft releases tweet-size exploit for macOS sandbox escape bug
Technology

Microsoft releases tweet-size exploit for macOS sandbox escape bug

July 14, 2022
9
Final Android 13 beta arrives ahead of its official launch ‘in the weeks ahead’
Technology

Final Android 13 beta arrives ahead of its official launch ‘in the weeks ahead’

July 14, 2022
2
Ex-CIA engineer Joshua Schulte convicted over massive data leak
Technology

Ex-CIA engineer Joshua Schulte convicted over massive data leak

July 14, 2022
2
Samsung Galaxy Z Fold 4 with model name SM-F936U certified by FCC
Technology

Samsung Galaxy Z Fold 4 with model name SM-F936U certified by FCC

July 13, 2022
2
Next Post
Ghosts are chasing me – Kumawood actor, who celebrated his birthday in the cemetery, cries

Ghosts are chasing me – Kumawood actor, who celebrated his birthday in the cemetery, cries

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

BROWSE BY CATEGORIES

  • Business
  • Education
  • Entertainment
  • Foreign
  • Health
  • Lifestyle
  • News
  • Opinion
  • Politics
  • Sports
  • Technology
  • Uncategorized

BROWSE BY TOPICS

2022 Budget Afghanistan akufo addo Amazon Apiate explosion apple AT&T Bawumia speaks on the Economy Black Stars business covid COVID-19 COVID 19 Debt Exchange Programme E-Levy facebook finance Ghana Police Service Google Government health Intel iphone Ken Ofori Atta Mahama meta Microsoft momo NDC news Nvidia OMICRON Parliament police Russia security South Africa Taliban tech TESCON Tesla US UTAG vaccine Xinjiang

Recent Posts

  • Minority demands immediate suspension of Debt Exchange programme
  • NCA approves transfer of majority shares in Vodafone Ghana to Telecel
  • Ambulance case: Letters of Credit cannot be established for MDAs without approval of Finance Minister
  • Dr Ato Forson paints gloomy image for economy; predicts further cedi depreciation and mass layoffs in 2023
  • Former Pope Benedict XVI dies at 95

Recent Comments

No comments to show.

RECENT NEWS

  • Minority demands immediate suspension of Debt Exchange programme January 17, 2023
  • NCA approves transfer of majority shares in Vodafone Ghana to Telecel January 16, 2023
  • Ambulance case: Letters of Credit cannot be established for MDAs without approval of Finance Minister January 16, 2023
  • Dr Ato Forson paints gloomy image for economy; predicts further cedi depreciation and mass layoffs in 2023 January 16, 2023

MAIN CATEGORIES

  • Business
  • Education
  • Entertainment
  • Foreign
  • Health
  • Lifestyle
  • News
  • Opinion
  • Politics
  • Sports
  • Technology
  • Uncategorized

Entertainment

FDA tasks pre-packed food dealers to be extra vigilant not to compromise safety
Health

FDA tasks pre-packed food dealers to be extra vigilant not to compromise safety

1 month ago
0
  • ABOUT US
  • CONTACT
  • ADVERTISE

© 2022 Top Media Group - Powered by BackUp Data Systems

No Result
View All Result
  • Home
  • Politics
  • News
  • Business
  • Health
  • Entertainment
  • Sports
  • Lifestyle
  • Education
  • Opinion

© 2022 Top Media Group - Powered by BackUp Data Systems

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In