(VOVWORLD) - Samsung Electronics 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, three sources familiar with the matter said.
 (Photo: Internet) |
Huawei once challenged Samsung’s top position in the global smartphone market, but the Chinese rival is in survival mode with US 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.
A person at one major supplier of smartphone chips said Huawei’s stockpiles were expected to run out some time early next year.
Samsung, however, faces intensifying competition from Chinese rivals like Xiaomi and Oppo, which are expected to take advantage of Huawei’s struggle to retain market share.