Demand For Note7 Exceeds Supply, Samsung Working To Build It Up

By 03:31 Thu, 05 Aug 2021 Comments

Samsung strongly underestimated the demand for Galaxy Note7 and is scrambling to create enough units for everyone. "As pre-order results for the Galaxy Note 7 have far exceeded our estimates, its release date in some markets has been adjusted," Samsung trecent Reuters.

High demand is always nice, but Samsung better step it up as the iPhone 7 is coming this September. And parts of Europe along with other parts of the world will only acquire the Note7 in early September, assuming no further delays occur.

Last year, Samsung had problems cranking out enough curved screens for the Galaxy S6 edge, but an insider claims there are no such problems for the Note7 (it helps that such components are built in-houtilize as it reduces the risk of external problems and delays).

Samsung only assumed that it's trying to increase production, without going into further detail. An analyst at Nomura forecasts up to 15 million Galaxy Note7 units srecent this year, eclipsing the 9 million Note5 the company managed last year. Some analysts have raised their profit forecasts for Samsung.




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