Samsung has said it will not have a new Galaxy Note smartphone this year. The company regularly launches its Galaxy Note series smartphones in the second half of the year, but plans seem to have changed for 2021. The development was shared by Samsung Electronics President and Co-CEO Koh Dong Jin at the 52nd regular Samsung meeting of shareholders. Koch, who heads Samsung’s information and mobile communications department, also said the South Korean technology company has no plans to abandon the Galaxy Note series altogether and that it is only for this year.
Samsung usually announces its new Galaxy S-series of leading smartphone models in the first half of the year and the Galaxy Note-series in the second half of the year. This year, it seems that the company has decided not to follow its own Galaxy S21 launch series with Galaxy Note series. Koch was at the 52nd regular shareholders’ meeting quoted from Bloomberg, who said: “The Note series is positioned as a high-end model in our business portfolio,” he said. “It can be a burden to introduce two leading models in one year, so it can be difficult to launch a model Note in 2H. “Jin can refer to the support of the S Pen, which until last year was the main differentiator between the Samsung Galaxy S-series and the Galaxy Note-series, and the move may be an effect of the general shortage of chips. A report from the South Korean edition Ddaily also shared the same information.
The CEO also said that the company does not plan to abandon the Galaxy Note series and will probably release it next year. “The launch time of the Note model can be changed, but we are working to launch the Note model next year,” Bloomberg quoted him as saying. Like many other technology companies facing the effects of the global semiconductor shortage, Samsung has also called it a “serious imbalance” in the global shortage. “Despite the difficult environment, our business leaders are meeting with partners abroad to solve these problems. It is difficult to say that the shortage problem has been solved 100 percent,” Jin added.
The shortage of semiconductors first affected carmakers, and now the South Korean technology giant has expressed concern about this. However, according to a report, some analysts believe that this shortcoming can be addressed in the coming months.
Before the release of the smartphones from the Samsung Galaxy S21 series, there were some reports that the company plans to discontinue its Galaxy Note line, as it will become difficult to distinguish between the Galaxy S and the Galaxy Note series if the models in both series support the S Pen.
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