Friday 27 March 2020

Samsung Galaxy S20 series still struggling to sell

As companies worldwide are coping with the effects of COVID-19, tech giant Samsung is reportedly worried over poor sales and lower stock market value.

We've learned from a report (via ) that the series sold 40% worse than its predecessor, the Galaxy S10 series, according to industry estimates. By the time the South Korean giant releases its quarterly earnings to the public, those numbers could get even worse.

The report says Samsung Electronics held a private conference call for its investors, where a decline in smartphone demand due to the coronavirus pandemic was mentioned. Apparently, ...

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