Samsung might skip releasing a new Galaxy Note device this year. In an annual shareholder’s meeting, co-CEO Koh Dong-jin said that due to a shortage of chips it might be difficult to release a Note model in the second half of 2021.
As Bloomberg reports, Dong-jin mentioned “a serious imbalance in supply and demand of chips in the IT sector globally.” Samsung Securities analyst MS Hwang reported that the problem arose due to a shortage of Qualcomm chips and is affecting everybody except Apple.
Note series is positioned as a high-end model in our business portfolio. 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.
The Galaxy Note series is a high-end device line-up and it might be difficult for Samsung to release two flagship phones, a new Note and an S series device in the same year.
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