Earlier today, news came out that Samsung might put an end to its premium Galaxy Note phone next year (2021) as the company has noticed a major drop in demand for high-end smartphones due to the COVID-19 pandemic.
The Galaxy Note, known for its large screen and a stylus for note-taking, is one of 2 Samsung premium phone series – the other being the more compact Galaxy S which draws in consumers with its state-of-the-art parts.
According to the reports, Currently, Samsung does not have plans to develop a new version of the Galaxy Note for 2021, deteriorating to be identified as the plans were not public.
As an alternative, the Galaxy S series’ top model, the S21, will have a stylus and the next version of Samsung’s foldable phone will be well-suited with a stylus, which will be sold separately.
Another source said that the company’s development efforts that normally would have been directed to the Note would now be routed into its foldable phone range.
Samsung has yet declined to comment.
Tom Kang, an analyst at research firm Counterpoint, said sales of Samsung’s Note series are expected to fall by a 5th to 8 million this year while sales of the S series are likely to drop by 5 million to less than 30 million.
According to him, Quality demand has decreased this year and many people are not looking for new products.
The Galaxy Note 20 was launched in the United States this year with a $999 price tag, on an equality with the Galaxy S20 while the iPhone 12 starts at $799.
The First Samsung galaxy note was launched in 2011, breaking new ground in the market for larger screen models and helping it surpass Apple to become the world’s largest smartphone maker for the first time that year.