Samsung could discontinue its premium Galaxy Be aware telephone subsequent yr, sources with data of the matter stated, a transfer that might replicate the sharp drop in demand for high-end smartphones as a result of coronavirus pandemic.
The Galaxy Note, identified for its giant display and a stylus for note-taking, is one in all two Samsung premium telephone sequence, the opposite being the extra compact Galaxy S which attracts in shoppers with its state-of-the-art components.
At current, the South Korean tech large doesn’t have plans to develop a brand new model of the Galaxy Be aware for 2021, three sources stated, declining to be recognized because the plans weren’t public.
As a substitute, the Galaxy S sequence’ high mannequin, the S21, could have a stylus and the subsequent model of Samsung’s foldable telephone might be appropriate with a stylus, which might be bought individually, one of many sources stated.
A second supply stated firm improvement efforts that usually would have been directed to the Be aware would now be channelled into its foldable telephone vary.
Samsung declined to remark.
Tom Kang, an analyst at analysis agency Counterpoint, stated gross sales of Samsung’s Be aware sequence are anticipated to fall by a fifth to eight million this yr whereas gross sales of the S sequence are more likely to drop by 5 million to lower than 30 million.
“Premium demand has decreased this yr and many individuals will not be in search of new merchandise,” he stated.
The Galaxy Note 20 was launched in the USA this yr with a $999 (roughly Rs. 73,400) price ticket, on par with the Galaxy S20 whereas the iPhone 12 begins at $799 (roughly Rs. 58,700).
Samsung first launched the Be aware in 2011, breaking new floor out there for bigger display fashions and serving to it overtake Apple to turn into the world’s largest smartphone maker for the primary time that yr.
© Thomson Reuters 2020
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