Gadgets Africa
  • News
    Flutterwave gets payments licenses in Egypt

    Flutterwave gets payments licenses in Egypt

    How Kenya sets pace with eco-friendly policies

    How Kenya sets pace with eco-friendly policies

    2023 census: How Zinox Technologies bagged FG's N85bn contract

    2023 census: How Zinox Technologies bagged FG’s N85bn contract

    Microsoft launches Bing, Edge with ChatGPT functions

    Microsoft launches Bing, Edge with ChatGPT functions

    WhatsApp users can now post voice notes as statuses

    WhatsApp users can now post voice notes as statuses

    US startup powers electricity grid with used EV battery

    US startup powers electricity grid with used EV battery

    Nissan to acquire 15% Renault EV stake

    Nissan to acquire 15% Renault EV stake

    Fraud: US court clears Elon Musk over 2018 Tesla tweet

    Court declares Musk not guilty over Tesla tweet

    Pinterest lays off 150 staff

    Pinterest lays off 150 staff

  • Apps
  • Cryptocurrency
  • featured
  • Telecommunications
  • Gadgets
  • FinTech
  • Tech leaders
Gadgets Africa
No Result
View All Result

Ukraine war: Samsung, Apple to cut smartphone production for 2022

by Agency Report
May 30, 2022
in Gadgets
Reading Time: 1 min read
Ukraine war: Samsung, Apple to cut smartphone production for 2022

FILE

Share on FacebookShare on TwitterShare on Telegram

South Korean and American phone manufacturers, Samsung and Apple are cutting their phone production for the year.

The slash in production is coming amid high global inflation and the ongoing Russia-Ukraine war which has forced demand to decrease.

While Apple cuts production at low to mid-range prices, Samsung Electronics is said to have cut production not only for mid-to low-end models but also for flagship (high-priced mobile phone) models.

Apple’s earlier decision to cut its production of iPhone SE in March by 20% was not only due to the low demand but also problems with inbound logistics as the supply of parts was being disrupted.

The Korean Report on the Samsung Mobile website says that Samsung had initially planned to produce 310 million units but that has been reduced to 280 units representing a production downsize of 10%.

However, the Electronic company has announced to parts makers that it intends to restore the reduced order volume when a new foldable smartphone is released in the second half of this year.

Downsizing is a coping strategy often employed by companies in the face of global economic situations.

Tags: AppleRussia-Ukraine warSamsungSmartphones

Related Posts

Getty Images sues AI company for photo theft
Gadgets

Getty Images sues AI company for photo theft

by Agency Report
January 19, 2023
How to order, set up Starlink in Nigeria
Gadgets

How to order, set up Starlink in Nigeria

by Alex Omenye
February 7, 2023
Intel hits milestone with release of 4th-generation Xeon processor
featured

Intel hits milestone with release of 4th-generation Xeon processor

by Joy Onuorah
January 12, 2023
Intel unveils 6GHz running Core i9-13900KS
featured

Intel unveils 6GHz running Core i9-13900KS

by Joy Onuorah
January 12, 2023
Next Post
How Nigeria can curb rising cyberattacks – Experts

How Nigeria can curb rising cyberattacks - Experts

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended.

CBN, Clickatell launch eNaira USSD channel

eNaira hits $9m transactions, 840k downloads

August 22, 2022
VIDEO: Starlink standard kit unboxed

VIDEO: Starlink high-speed internet standard kit unboxed

February 7, 2023

Trending.

White House hits back after Bezos knocks Biden on economy

White House hits back after Bezos knocks Biden on economy

May 17, 2022
2022 Ballon d'Or winner to receive NFT

2022 Ballon d’Or winner to receive NFT

September 9, 2022
Huawei

Huawei partners Nigerian firm for tech solutions

August 1, 2022
Ukraine: Nokia to quit Russian market

Ukraine: Nokia to quit Russian market

April 12, 2022
Russian invasion: Ukraine raises $13m in crypto after crowdfunding appeal

War in Ukraine rattles auto parts industry

March 24, 2022
Gadgets Africa

© 2023 Gadgets Africa.

Navigate Site

  • News
  • Apps
  • Cryptocurrency
  • featured
  • Telecommunications
  • Gadgets
  • FinTech
  • Tech leaders

Share

No Result
View All Result
  • News
  • Apps
  • Cryptocurrency
  • featured
  • Telecommunications
  • Gadgets
  • FinTech
  • Tech leaders

© 2023 Gadgets Africa.

Go to mobile version