Recently, Samsung has announced to decrease the production of the smartphones in April due to the COVID-19 i.e. coronavirus update. COVID-19 has affected the world drastically.
According to the South Korean-based Website Elec, Samsung will produce only 10 million smartphones in this month. This production is less than half of its monthly average of 25 million units. All this information comes by the way of the Samsung Suppliers.
Globally, Samsung produces more than 300 million smartphones every year. But this time in 2020 the number of the production of smartphones decreases due to the COVID-19 that has affected more than 2 million people till now. And it is still going on.
According to the reporters, South Korean Tech Giant has closed its smartphone factories in India and Brazil.
Commonly, Samsung produces a large number of smartphones in the first quarter. And now it decreases its production according to the demand of the people all over the world.
Demands for the Smartphones are expected to bottom down in the 2nd Quarter of the year, and rise in the 3rd Quarter.
The Indian Government has extended the country’s quarantine for more than 3 weeks after the recent news with the continuous rise of COVID-19. The infected people are increasing daily in Brazil. So, Samsung decided to stop providing facilities in both countries for a long period of time.
According to the Elec, the supply chains of the South Korean Giant believe that the demands of the smartphones will hit the bottom in the second quarter and will move upward in the third quarter.
According to Market Research, it is found that global smartphone shipments will drop 10 percent more this year.
According to coronavirus update, more than one lakh people have died.