Sharjah24 – Reuters: Samsung Electronics Co Ltd may launch its flagship Galaxy S smartphones more than a month earlier than expected in a bid to grab market share from Huawei and fend off competition from Apple Inc, three sources familiar with the matter said.
Huawei Technologies Co Ltd once challenged Samsung's top position in the global smartphone market, but the Chinese rival is in survival mode with U.S. restrictions choking off its supplies of chips used in smartphones and telecom equipment.
Samsung is preparing to launch its new Galaxy S21 as early as late January next year, whereas it previously launched its flagship S20 phone in early March this year, the sources said, asking not to be identified because the plan is not public.
Samsung Electronics declined to comment.
The South Korean company shipped 59% fewer Galaxy S20 5G series handsets in the United States in the second quarter compared to the previous model's performance a year earlier, according to research firm Canalys. In contrast, Apple shipped 15% more of its flagship iPhone 11 than last year's best-seller, the iPhone XR.
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