In details, Reuters reported that Samsung has stopped production of its premium Galaxy Note phone next year.
This step reflects the sharp decline in demand for high-end smartphones due to the Coronavirus pandemic.
The Galaxy Note series, known for its large screen and note-taking pen, is one of two distinct Samsung phone series.
Samsung has no plans at the present time to develop a new version of the Galaxy Note phones for 2021.
Instead, the top-spec model of the Galaxy S21 series comes with the stylus – which is sold separately – and the next version of Samsung’s foldable phone will also be compatible with the stylus.
The company’s development efforts – which would normally have been directed to the Galaxy Note – are directed at its foldable phones.
Tom Kang, analyst at research firm Counterpoint, said: Samsung’s Galaxy Note series sales are expected to drop by five to 8 million units this year, while sales of the Galaxy S series are likely to fall by 5 million to less than 30 million. .
“Demand for flagship phones has decreased this year and many people are not looking for new products,” he added.
The Galaxy Note 20 was launched in the US this year at $ 999, on par with the Galaxy S20, while the iPhone 12 starts at $ 799.
Samsung launched the first Galaxy Note phone in 2011, opening new horizons in the market for large-screen models, and helping it overtake Apple to become the world’s largest smartphone maker for the first time that year.
Reports about the end of the Galaxy Note may be exaggerated or premature, as they were mostly based on rumors that the Galaxy S21, and especially the Galaxy S21 Ultra, would gain the only feature that distinguishes the two products from one another.
Other reports confirm that there will still be the Galaxy Note next year, but Samsung will only launch one model.
The idea seems to be to reduce focus on the next Galaxy Note phones during the Unpacked event, and to move existing users to the Galaxy S and Galaxy Z phones.
And if this strategy works as intended, Samsung will likely halt the Galaxy Note lineup in 2022.