Samsung Sharply Reduces Galaxy S4 Production, May Retire Galaxy S3 Earlier Than Planned
According to a report on a Korean information technology news site, Samsung is planning to reduce the monthly production of the flagship Galaxy S4 smartphone by up to 15 percent, and may even retire the S3 model sooner than originally planned.
The site points to the July order for Galaxy S4 parts, which is half the number of parts placed in May, at 6.5 million handsets ordered. The parts order for April was for 10 million handsets, but has been declining since then, according to ET News.
President of Samsung Electronics, Jongkyun Shin, recently responded to a JP Morgan report of sluggish with denials, but the difference between the parts being ordered and the number of handsets currently being sold in retail outlets.
The site also reports that Samsung plans to launch a range of models to meet a wider array of consumers, from a Galaxy Note III to a Galaxy S4 Mini and Zoom. In addition, Samsung is said to drop older and underperforming handsets, like the Galaxy S3, to focus resources on selling the newer, more popular models.
Of course, this could all just be speculation. We’ve reached out to Samsung and will update if and when we hear a reply.