Home  ›  News  ›

Samsung to Trim Number of Smartphone Models by 30%

Article Comments  4  

Nov 18, 2014, 8:24 AM   by Eric M. Zeman

Samsung said it will reduce the number of distinct smartphones it sells next year by 25% to 30% in a bid to reduce costs. Samsung didn't say exactly how many models it will eliminate from its lineup. The company is looking for ways to cut expenses and still remain competitive with makers of inexpensive handsets. Last month, Samsung said it "will increase the number of components shared across mid- to low-end models, so that we can further leverage economies of scale." The company reported a massive drop in profits during its most recent financial quarter thanks in part to slow sales of flagship models such as the Galaxy S5 and Note 4. Samsung has also lost a lot of ground in the entry-level segment in China.

Wall Street Journal »

Related

more news about:

Samsung
 

Comments

This forum is closed.

This forum is closed.

T Bone

Nov 18, 2014, 1:13 PM

Good Plan

Focus on a few major handsets, such as the Galaxy Note, Galaxy Mini and Galaxy S lineup, and get rid of the 875 'Galaxy something or other' derivatives....
i'd even go as far as End of Lifing some of the devices earlier - assuming that's not up to the carriers. they're still selling galaxy S3s and S4s. I'd ditch the Mega series as well. And all the random variations of junks.

Entry level, midrange di...
(continues)
...
 
 
Page  1  of 1

Subscribe to news & reviews with RSS Follow @phonescoop on Threads Follow @phonescoop on Mastodon Phone Scoop on Facebook Follow on Instagram

 

Playwire

All content Copyright 2001-2024 Phone Factor, LLC. All Rights Reserved.
Content on this site may not be copied or republished without formal permission.