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Samsung’s smartphone shipment to decrease by 10%, presently focuses on cost reduction!

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Samsung

Samsung Electronics is in the news that it has lowered its smartphone shipment by ten percent. Treated as companies counteraction to respond to the global market contraction.

Business Korea has reportedly revealed that Samsung is expected to implement the strategy of cost reduction to overcome the falling market of Samsung smartphones. As Samsung has set its smartphone target to 333 million units in 2022.

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Suspiciously the Samsung smartphone market has fallen below 300 million units comparing the four consecutive years and comparing with the current year’s Samsung shipment targets.

Samsung Galaxy S22 Ultra

MediaTek and Qualcomm have also significantly reduced their orders for the application processor for the second half of the year 2022, therefore Samsung does not have any choice except drastically lower the smartphone price.

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Roh Tae-moon is currently working on a new strategy to enhance profitability in response to the present and ongoing crisis in the smartphone industry. The company has already increased its operating profits to 11.47 trillion won and has increased its operating profit margin by 23.7%.

Samsung should put an effort into manufacturing cost-saving. This particular thing can lead him to reduce the smartphone cost to get rid of end-of-the-year marketing competition. Samsung’s last mid-priced smartphone Galaxy A23 released in March 2022 featured a Chinese BOE-made LCD display. By this, we can see the heat is on, and you are soon going to see that Samsung will source some low-priced camera modules for its upcoming smartphones.

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Samsung Gaming Hub reaches 2022 smart TVs and monitors to provide best gaming experience

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Samsung Gaming Hub

Samsung has started rolling out its Gaming Hub to all 2022 Samsung Smart TVs to bring users the best game streaming content and game playing experiences with no additional hardware or downloads needed.

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The service is now available with instant access to Xbox, Nvidia GeForce Now, Google Stadia, Utomik, Twitch, YouTube, and Spotify. And, support for Amazon Luna will arrive at a later date.

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Samsung first announced the Gaming Hub at CES 2022. It allows players to access their favorite games from popular game streaming services and permits them to even buy games from those services in a single place.

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Samsung Gaming Hub

The Samsung Gaming Hub brings better, faster, and more convenient access to gaming within Samsung TVs including the 2022 Neo QLED 8K, Neo QLED 4K, QLEDs, and the 2022 Smart Monitor Series, combining Samsung’s expertise in hardware and software for an optimal gaming experience.

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Furthermore, when it comes to 4K and 8K content, using AI Gaming technology, the new gaming hub also displays curated game recommendations on your TV’s home screen. Additionally, the service introduces faster decoding and optimized buffer control technology to reduce the input lag.

Aside from these, the company’s Gaming Hub offers support for accessories like Bluetooth controllers and wireless headsets to further bring users the ability to access a wide range of gaming services.

For more information, visit Samsung Newsroom.

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Aside from SammyFans’ official Twitter and Facebook page, you can also join our Telegram channel, follow us on Instagram and subscribe to our YouTube channel to get notified of every latest development in Samsung and the One UI ecosystem. Also, you can follow us on Google News for regular updates. 

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Global smartphone sales declined below 100 million, 2nd time in 10 years

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Smartphones

According to the Counterpoint Research report, the global monthly smartphone sales fell below 100 million for the second time in 10 years. The monthly report for May 2022 shows that the global smartphone market sold 96 million units, down 4% month-on-month and 10% year-on-year.

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Notably, this is the second consecutive month-on-month decline and the 11th consecutive month of year-on-year declines. In the year 2022, it seems that mobile phones will not be able to sell.

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In the meantime, Counterpoint Research also reveals that even after the fast recovery after the first wave of the pandemic in 2020, the smartphone market still hasn’t reached pre-pandemic levels. Over the past 2021, the smartphone market has not been optimistic due to tight supplies and the continuing impact of the new crown pandemic.

Counterpoints Report

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With the timing of 2022, things are not looking up for the smartphone market, which has been hit by a slump in demand due to various factors including inflation.t is an indisputable fact that overall smartphone sales are weak, but the decline in smartphone shipments in the second half of the year could improve.

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As per the Counterpoint Macro Index, the negative impact is expected to continue into the summer, but will gradually improve in the second half of the year. In addition, relevant agencies said that the resistance of the mobile phone industry is expected to weaken in the second half of 2022, but the growth of the smartphone industry is expected to rebound to only 5% in 2023.

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Samsung’s Student Advantage Program has lots of discounts on smartphones, wearables, tablets and more

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Samsung always has some exciting deals for its customers. Now the company is offering special discounts on various Galaxy products including smartphones, tablets, wearables, laptops, and monitors for students.

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Samsung has recently announced the Student Advantage Program 2022 through its official Newsroom post in India. The program is meant to offer cutting-edge technology for students’ everyday use and to make digital learning more affordable.

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Students can grab these discounts on Samsung’s official online store Samsung Shop and Samsung Exclusive Stores. It should be noted that this program is only applicable for some select Galaxy products. Below you can see the list of devices as well as the discounts available for them.

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Samsung Student Advantage Program 2022

According to the official announcement, Samsung’s flagship smartphones including Galaxy S20 FE and Galaxy S21 FE, Galaxy A Series smartphones above INR 10,000, Galaxy Tab A series, and Galaxy Tab S series will be available at 5% off. Students will get 10% off on Samsung wearables and laptops while Samsung Monitors will be available at 5% off.

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While considering the high-end Galaxy S22 Ultra, students can collect a Samsung Galaxy Watch 4 for just INR 2,999. Meanwhile, Galaxy Buds 2 is offered only for INR 2,999 on the purchase of Galaxy S22 and Galaxy S22+ smartphones.

In addition to these Galaxy S22 series offers, you will also get an upgrade bonus of up to INR 8,000 or a cashback of INR 5,000 (on HDFC Bank cards or Samsung Finance+) or a 24-month no-cost EMI with zero down payment in addition to the 5% off.

Other than these, on purchasing mid-range Galaxy A series phones, such as Galaxy A53 5G and Galaxy A33 5G, students can avail of an instant discount of INR 3,000.

Samsung Student Advantage Program 2022

To grab these offers, Students can visit the Samsung Student Advantage microsite or by visiting a nearby Samsung Exclusive Store that can be located using the store locator here.

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Students will get direct access to genuine Samsung products and will have the option to pay through easy no-cost EMIs along with easy exchange benefits too.

For more information, visit Samsung Newsroom.

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