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Breaking: Samsung aims to ship over 333 million phones in 2022, including Galaxy S22 and Fold 4
A new report from the South Korean media outlet, TheElec, suggests that Samsung has significantly increased its smartphone shipment target to over 333 million units for 2022. To be mentioned, it is a remarkable expansion in the shipments target compared to 300 million units for four consecutive years from 2018 to 2021.
At the same time, shipments of the upcoming Galaxy Z Fold and Galaxy Z Flip foldable phones nearly doubled from this year, which is popular in the second half of this year. The “Samsung Mobile Phone Shipment Plan for 2022” reveals that the company has set its smartphone shipment target at around 333 million units for the next year.
Adding to this, the target for Samsung’s own production volume is 285 million units, and the joint production (JDM) volume is 49 million units, which is an all-time high. To be mentioned, the number of ‘300 million units’ is the benchmark that defines the success or failure of the smartphone business that year.
The shipment target of the top Galaxy S22 flagship model is aimed at 54 million units, by product group. Aside from this, shipments of foldable phones (Z Fold 4 – 4 million, Z Flip 4 – 9 million) have been significantly increased from 7 million units this year to 13 million units next year.
Besides, the Korean tech giant wishes to expand shipments of mid-to low-end phones to target emerging markets. The budget and entry-level smartphone targets are 176 million units and the mid-range price phones shipment target is set at 91 million units.
After announcing its third-quarter earnings at the end of last month, Samsung predicted that “the smartphone market will continue to grow despite risks such as the prolonged Covid 19 next year.”
“We will enhance the perfection of flagship products in the premium market and promote the trend of foldable phones in earnest through differentiation such as bespoke editions.”
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Samsung will soon launch 2024 monitors in the US. Similar to smartphones, Samsung launched a pre-reserve promo for 2024 monitors, slated to bring a $50 discount on early orders in the US.
From May 13 to June 3rd, reserve a new 2024 Samsung Monitor and save $50 via instant discount at the time of purchase. The Gift will only be available to customers who complete their reservation during the Reserve Period.
The South Korean tech giant officially opened the reserve period for the upcoming 2024 monitors. Interested consumers and potential buyers should reserve now to get $50 off our new monitors during early order.
Consumers reserving monitors will be entered into a sweepstakes for the chance to win a $5,000 Samsung credit. So it’s a no-brainer to pre-reserving the upcoming Samsung monitors in favor of a steal discount on day one.
While the details of the 2024 monitors, including pricing, are not yet available, Samsung will come up with something for everyone. Notably, Samsung has been the number 1 monitor brand in the US for 2 years in a row.
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Samsung reiterated its commitment to raising investment in Vietnam. The company’s Chief Financial Officer recently met the Prime Minister of the country, ensuring him towards investment plans.
According to reports, Samsung pledged to boost its annual investment in Vietnam by $1 billion. This announcement showcases the company further strengthening ties with Vietnam responsible for half of its smartphone output.
Since Vietnam plays a pivotal role in the operations of Samsung, the official expressed hopes that the country’s business environment would continue to improve. Chinh also requested Park to help local firms enter Samsung’s supply chain.
In return, the Vietnamese PM confirmed to help Samsung do business in the country. The country is reportedly considering reforms to its business environment, administrative process, and regulations important.
Park said during the meeting that Samsung Electronics has already invested $22.4 billion in Vietnam so far and incorporated a total of 309 Vietnamese companies into its supply chain, a more than 12-fold increase from 2014.
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Samsung is considering to launch an FE-branded Galaxy Z Flip 7 next year. The company reportedly entered a review of plans to introduce an affordable foldable phone this year. There is speculation that the rumored Galaxy Z Fold 6 FE might not debut this year.
According to TheElec, Samsung has been planning to launch the Galaxy Z Flip 7 FE next year. It may be cheaper than the regular variant in favor of a downgraded display and processor. However, Samsung’s pricing strategy would be worth seeing for its first affordable Flip phone.
This year, the South Korean tech giant is expected to launch only two foldable phones. While there are no signs of a Galaxy Z Fold 6 Ultra, the Fan Edition may also be canceled in review. Therefore, an FE lineup of foldable phones – Flip and Fold will likely join the segment in 2025.
Samsung could hold the next Galaxy Unpacked on July 10 in Paris. At the event, the company may not only launch new foldable phones but the Galaxy Watch 7 series and Galaxy Buds 3 Pro could also be launched. Well, Samsung hasn’t officially confirmed the event so far.
We are also hearing that the Exynos 2400 might not be employed in the Galaxy Z Flip 6 this year. The company has reportedly tested it but the chip has failed to offer satisfactory results. This means the Galaxy Z Flip 6 will also use Snapdragon chip internationally.
Stay up-to-date on Samsung Galaxy, One UI & Tech Stuffs by following Sammy Fans on X/Twitter. You can also discover the latest news, polls, reviews, and new features for Samsung & Google Apps, Galaxy Phones, and the One UI/Android operating system.
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