Samsung Could Increase Component Prices to Compensate for Galaxy Note 7 Losses

When Samsung announced its profits for Q3, 2022, information technology showed that despite the Note seven fiasco, the company was able to report a growth, even though the company would have ended up generating much more revenue had the recall not taken place at all. Still, Samsung has realized that there are other avenues to accept reward of to compensate for its flagship phablet's losses, and one of them happens to exist mass production of various components ranging from DRAM modules, NAND flash retentiveness, and AMOLED displays.

Samsung Nigh Likely to Increase Pricing for DRAM Modules, NAND Flash Retentiveness and AMOLED Displays to Compensate for Its Galaxy Note vii Losses

Co-ordinate to various reports from TrendForce, the production halt of Milky way Note 7 volition allow other brands to take advantage of the smartphone market place, which volition obviously include Apple. KGI Securities analyst Ming-Chi Kuo has stated as much 5-vii million customers might resort to looking for a smartphone other than the 1 manufactured by Samsung.

"The halt of Note 7 sales will furthermore change the market share of smartphone brands in the large-size model segment. A substantial portion of consumer demand volition now go to the three major Chinese brands? Huawei, Vivo and OPPO. The withdrawal of the Note 7 from the market will besides do good the sales of the iPhone 7 Plus that was just released in September."

Samsung has proven that demand for its components is capable of condign one of the most profitable avenues ever, which is why according to sources shut to the thing, the company could increment pricing of its DRAM modules, NAND flash retentivity, and AMOLED displays in social club to cover upward the losses incurred by Galaxy Note vii. Additionally, with the announcement of its 8GB LPDDR4 DRAM modules for mobile devices and 10nm FinFET chips, the company could definitely get an influx of orders in the near futurity.

"To stay in profit, the engineering conglomerate may increase the prices of its retentivity and panel components which accept a ascendant market place share worldwide."

In another report, Samsung has also said to offer Note 7 owners discounts then that they may feel less bitter when upgrading to a Galaxy S8. The upcoming flagship is said to be better in every way possible and to avoid another 'battery explosion' incident, the tech giant is looking to be in talks with LG for smartphone batteries.

What are your thoughts on the latest report? Tell united states of america in the comments right away.

Source

Source: https://wccftech.com/samsung-increase-component-prices-compensate-galaxy-note-7-losses/

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