The Galaxy Note 10 will most likely outsell its predecessor, according to industry analysts cited by The Investor, who predict that the Galaxy Note 10 shipments will be up 11 percent compared to the Galaxy Note 9. This wouldn’t come as a huge surprise considering how Samsung sold twice as many Galaxy Note 10 models in its first month of availability.
Analyst Lee Chang-min of KB Securities expects the company to push 10.5 million Galaxy Note 10 units onto the market. The company could achieve this thanks to its two-phone strategy, which seems to be working well. The analyst also claims that Samsung’s early foray into the 5G market is going to bump up sales figures even further.
Samsung is seemingly winning the 5G race too
Samsung isn’t seeing a lot of competition in the 5G segment and its biggest potential competitor, Huawei, has been losing ground amid trade disagreements with the US government. Meanwhile, Chinese OEMs including VIVO could partner with Samsung and acquire the company’s Exynos 980 5G chipset solution.
Samsung fans in South Korea have been limited to purchasing the Galaxy Note 10/10+ 5G with no alternative to acquiring the LTE models. That’s not necessarily a bad thing as Korean carriers are aggressively expanding 5G availability. The flagship series enjoyed a successful launch, with pre-orders topping the 1.3 million mark in just ten days.
Strong sales figures for the Galaxy Note 10 series will benefit Samsung Mobile as well as the tech giant’s component divisions, such as Samsung Electro-Mechanics who supplies the flagship’s three rear-facing camera modules. Kim Ji-san of Kiwoom Securities estimates that the strong sales for printed circuit boards and camera modules will offset some of the losses experienced recently in the multilayer ceramic capacitor segment.
Whatever the case may be, the Galaxy Note series is stronger than ever, partly thanks to Samsung’s early entry in the 5G segment, partly due to the two-phone strategy, and mostly because the Galaxy Note 10 and Note 10+ are just shy of being perfect.