The semiconductor shortage crisis is making yet another victim, this time on the phone front.
Samsung announced shareholders in their annual meeting that they might skip the 2021 Samsung Galaxy Note phone launch, blaming the “serious imbalance” in the supply and demand of semiconductors.
This means we probably won’t see a new Galaxy Note this year but Samsung say they plan to release the phone again starting next year.
The company’s semiconductor business has struggled to cope with the increased demand. Even more, Samsung’s chip-making capabilities were also affected by the Texas storms in February, which forced more people to rely on electricity for heating and eventually led to statewide power outages.
The company’s Austin, Texas facility was affected by the energy crisis and still hasn’t resumed full production.
According to some analysts, as GSMArena points out, Samsung skipping the 2021 Galaxy Note won’t affect too many shipments (around 5%).
Still, it will leave a dent in the company’s revenues, since these are some of the most expensive phones they offer.
Hopefully you weren’t planning an upgrade!