Samsung apparently has a huge stockpile of 50 million devices due to low demand. According to a new report, Samsung has a problem with its inventory – 50 million smartphones in stock worth $185.9 billion.
Apparently, A series phones take up too much of the company’s inventory, driven by concerns of lack of appeal and desirability. Samsung reportedly shipped 10 million units per month in May, dropping to only 2 million units in June.
Samsung apparently has a huge stockpile of 50 million devices due to low demand
There is a shortage in Samsung’s inventory, which seems to have caused production numbers to drop significantly. According to sources, low demand is just not appealing enough for interested customers. For Samsung to increase sales, they have to cut back on the number of devices in stock.
The problem will likely continue because telephone carriers and distributors bought up the stuck inventory when they saw low demand.