The report adds that Samsung has set a shipment target of 307 million units in 2021, out of which, 287 million will be smartphones.
The smartphone industry is on a recovery path at the moment following a major disruption caused by the COVID-19 pandemic, which also forced companies to lower their forecasts and record a sharp decline in shipment figures. Among the smartphone markers hit big time by the crisis this year is Samsung, whose worldwide mobile phone shipments fell below the 300 million mark for the first time in nine years. As per a report by Korea-based ETNews, the company is expected to ship a total of 270 million phones this year. By the end of Q3 2020, the chaebol had shipped 189.4 million devices, a number that includes both feature phones as well as smartphones.
