27 Jun '16, 6am

Samsung, Huawei reportedly lowering smartphone shipment targets for 3Q16

Samsung, Huawei reportedly lowering smartphone shipment targets for 3Q16 Cage Chao, Taipei; Steve Shen, DIGITIMES [Monday 27 June 2016] Some leading Android smartphone vendors including Samsung Electronics and Huawei have lowered their shipment targets for the third quarter as well as for the entire year of 2016 due to slacking demand for high-end smartphones globally, according to industry sources. Samsung and Huawei both reportedly have informed downstream suppliers to reduce their inventories of parts and components prepared for the third quarter as the two vendors have lowered their shipment targets for the quarter by 10-20%, respectively, said the sources. Samsung originally targeted to ship 28-30 million units of its Galaxy S7 for the third quarter, while Huawei aimed to ship 14-15 million Huawei P9 devices during the same period. Moreover, Huawei reportedly has also...

Full article: http://www.digitimes.com/news/a20160627PD200.html

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