Samsung

Samsung may skip the upcoming Galaxy Note which was due in 2021 according to a report by Bloomberg where it warns of a global semiconductor shortage that is currently affecting the tech industry. The Korean tech giant expects this shortage to pose a problem to its business next quarter, co-Chief Executive Officer Koh Dong-jin said during an annual shareholder meeting in Seoul.

“There’s a serious imbalance in supply and demand of chips in the IT sector globally,” said Koh. “Despite the difficult environment, our business leaders are meeting partners overseas to solve these problems. It’s hard to say the shortage issue has been solved 100%.

The upcoming Samsung Galaxy Note has gone through frequent conflicts in the last few months. The introduction of the S pen stylus in other models such as the Galaxy S21 ultra led to the speculation of Samsung terminating the Note lineup. However, the launch of a Galaxy Note this year was inevitable. 

“Note series is positioned as a high-end model in our business portfolio,” Koh said. “It could be a burden to unveil two flagship models in a year so it might be difficult to release Note model in 2H. The timing of Note model launch can be changed but we seek to release a Note model next year.”

 

Sushmit
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