Best buy guide: Galaxy Watch 6 or Galaxy S24+. Woo-hoo join SamMobile on WhatsApp or Telegram!

SamMobile has affiliate and sponsored partnerships. If you buy something through one of these links, we may earn a commission.

Notifications
    News for you

    Samsung may resume smartphone shipments to Russia next month

    Business
    By 

    Last updated: September 15th, 2022 at 13:47 UTC+02:00

    Russian media cited by Reuters claims that Samsung is considering resuming smartphone shipments to Russia. The company stopped shipping smartphones, chips, and other products to Russia in March due to “current geopolitical developments,” but Samsung may restart its business soon.

    According to an unnamed source cited by the Russian newspaper Izvestia (via Reuters), Samsung is considering resuming smartphone shipments to partner retailers and restarting its official online store in October. The newspaper said Samsung declined to comment on these rumors.

    After Samsung halted shipments earlier this year, Russia launched a program to allow imports without approval from trademark owners. Even so, Samsung smartphones were almost nowhere to be found in Russia earlier this summer.

    Samsung was Russia's leading smartphone brand last year

    Before the Russian invasion of Ukraine began earlier this year, Samsung held a smartphone market share in Russia of around 30%. It was leading the segment ahead of rivals like Apple and Xiaomi. However, demand for smartphones in Russia in Q2 dropped 30% quarter-on-quarter to a 10-year low.

    Demand probably won't fully recover for a while. Time will tell if this latest report is true and Samsung wants to relaunch its online store in Russia next month. And assuming it turns out to be correct, it will be interesting to see if other OEMs will do the same and rejoin Samsung in the Russian market in October.

    BusinessPhone RussiaSamsung Electronics

    You might also like

    Samsung may reveal its $44 billion US chip investment next week

    Samsung may reveal its $44 billion US chip investment next week

    Samsung has invested a lot of money in its US chipmaking facilities. In addition to its existing facility, the company announced a $17 billion project in 2021 for a semiconductor plant in Taylor, Texas that's likely to begin mass production of chips later this year. The US government is focused on pumping up the local […]

    • By Adnan Farooqui
    • 1 day ago
    Samsung’s top acquisitions man returns as big deals expected

    Samsung’s top acquisitions man returns as big deals expected

    Samsung has not participated in the mergers and acquisitions market for more than 7 years, despite having more than $60 billion in cash that it could use to buy new companies. Its absence from this space was also partly due to the legal troubles of heir Lee Jae-yong, who only recently returned to the top […]

    • By Adnan Farooqui
    • 1 day ago
    Samsung’s product naming has a grammar problem

    Samsung’s product naming has a grammar problem

    I'm a big fan of Samsung using proper nouns to label most of its home electronics. For instance, PC monitors names are no longer just a string of seemingly random letters and numbers. Instead, they belong to lineups named ‘Odyssey' or ‘ViewFinity.' It makes Samsung look better instead of coming across as a company that […]

    • By Mihai Matei
    • 2 days ago
    Samsung India announces Solve For Tomorrow 2024 innovation program for students

    Samsung India announces Solve For Tomorrow 2024 innovation program for students

    Samsung has announced the launch of the third edition of the Solve for Tomorrow program in India. The program aims to foster a culture of innovation among students. This year, the program has two tracks: School Track and Youth Track. This program is held in 63 countries globally. Over 2.3 million young people have participated […]

    • By Asif Iqbal Shaik
    • 3 days ago
    Samsung’s new Impulse app uses AI to help people with speech disorders

    Samsung’s new Impulse app uses AI to help people with speech disorders

    Samsung is now using artificial intelligence (AI) in various ways. The most prominent is Galaxy AI, a suite of AI-based tools and features that debuted with the Galaxy S24 series. But while Galaxy AI is meant to improve productivity and device customization, Samsung has also announced that it has developed Impulse — a new mobile […]

    • By Mihai Matei
    • 3 days ago
    US trade commission orders Samsung to stop unfair business practices with retailers

    US trade commission orders Samsung to stop unfair business practices with retailers

    The US FTC (Fair Trade Commission) has ordered Samsung to stop unfair business practices in the country. The antitrust regulator said that Samsung can't demand retailers to offer it retail prices for their products. The company reportedly did so for six years before it faced a probe from the agency. It was reported that Samsung […]

    • By Asif Iqbal Shaik
    • 4 days ago