Due to the continued epidemic of new coronaviruses, smartphone shipments are expected to decline by more than 10% this year. And this situation is affecting all brands. Due to the poor sales of the Galaxy S20 series, Samsung seems to be in a more difficult situation.
The company has plans to minimize adverse effects for the remainder of 2020.
Since the release of the high-end Galaxy S10 5G version in early 2019, Samsung has been strongly supporting the development of 5G smartphones.
Followed by two very expensive products Galaxy Note 10+ 5G and Galaxy A90 5G.
Samsung's strategy this year is to mainstream 5G technology. At present, the South Korean giant has launched the Galaxy A51 5G and Galaxy A71 5G, with prices of $499 and $599, respectively, but it is now expected to lower its price in the next generation of products.
It is not clear what Samsung's exact plan is, but it is reported that Samsung is developing the updated Galaxy A series, which will produce more smartphones that support 5G. And crucially, these products will be cheaper in order to attract consumers with limited budgets.
Samsung is convinced that if anything can convince people to upgrade their phones in 2020, it will be 5G.
