Sales fell short of expectations: Samsung’s Galaxy Note 20 cut production by more than 30%.

In the second half of the year, the flagship aircraft have been released, the three most important manufacturers Apple, Huawei and Samsung have come up with new products, but the market situation is very different. The iPhone 12 touted the TOP3 in JD.com’s double-11 sales list, the Mate40 series is hard to find and has a tight supply, while the Samsung Galaxy Note 20 series appears to be a bit “high and low” at home.

Sales fell short of expectations: Samsung's Galaxy Note 20 cut production by more than 30%.Sales fell short of expectations: Samsung's Galaxy Note 20 cut production by more than 30%.

Not only that, but the global market also underpered Samsung’s expectations.

In October, Samsung actually produced less than 70 percent of its Planned Note20 phones, or 900,000 units, and actually assembled only 600,000 units, with the Note20 and Note20 Ultra ratio of about 1:2, South Korean media reported.

The reason for so many reductions is that sales are not good. Although, the Note 20 series only went on sale on August 21st, it’s still hot.

Samsung’s mobile business reported an operating profit of more than 50 per cent in its recent results, but appears to be due to low- and medium-end handsets.