Samsung Electronics is considering jumping Galaxy Note this year

SEOUL – Samsung Electronics said Wednesday it may forget to upgrade its Galaxy Note handset in 2021 and has identified serious chip supply issues as a worse shortage of emergency parts is playing havoc with global supply chains for products from smartphones to vehicles.

Koh Dong-jin, one of Samsung’s three CEOs and head of its mobile division,he made the remarks at the company’s general shareholders ’annual meeting in the city of Suwon, south of Seoul. The Note is a flagship product for the world’s largest smartphone maker. It is marked with a large screen and comes with a stylus, called the S Pen.

“We added the S Pen experience to the Galaxy S21 Ultra, which was launched this year,” Koh told the meeting. “It can be tough to launch two S Pen models in a year,” he said, suggesting that could make it “difficult to launch [a new Galaxy Note] in the second half. “

Koh also said, however, that the company will issue a new Note next year, rejecting market rumors that Samsung would kill the model.

His ideas come with the fact that Samsung’s flexible smartphones are becoming popular with consumers thanks to their unique design and features, including widescreen screens and the ability to capture high-resolution images. built with three cameras.

Koh said Samsung is struggling to maintain a chip supply for its handsets and is frequently sending its operators on overseas business trips to meet suppliers. Samsung makes memory chips for their smartphones but it also buys various chips from suppliers in China and other countries.

“We are all making efforts every morning to resolve this issue,” he said. “The second quarter seems to be a problem, but we will make sure we don’t cause any problems.”

The meeting came as the company’s Vice Chairman Lee Jae-yong is serving a two-and-a-half-year prison term after being convicted of bribery and indecency. Lee has been in jail since January.

Some shareholders called on the board to remove Lee, the scion of Samsung’s corporate offspring founded by his grandfather.

But Kim Ki-nam, another CEO, blocked those calls.

“The company will conduct a comprehensive review of the issue after considering Vice Chairman Lee Jae-yong’s future roles in global networks and business as well as the company’s legal position and regulations,” Kim said. .

.Source