Samsung cutting down smartphone production The smartphone giant Samsung is cutting down production largely due to the COVID-19 related lag and supply chain constraints. According to source the brand is dropping the ramp production by 30 units for 2022. Seeing the outgoing crisis in Ukraine the production is going down too. Currently, Samsung has been leading the smartphone market for a long time. The demand for their smartphones is quite high at the moment.
The brands are trying their best to uplift as many as raw materials round the world, Moreover, the competitor brand Apple is dropping its plans to make 20 million extra iPhone units in 2022. Samsung posted a record-breaking quarter with 73.7 million smartphone shipments globally. Samsung will launch smartphones mostly about the Rs 15,000 price bracket moving forward.