According to a new report out of its home of Korea, Samsung has a stock problem. And it’s that it has huge amounts of phones in stock – over 50 million, in fact. That staggering stockpile has added up into the stocks of its distributors. These are phones that are just sitting there waiting to be bought – but apparently not enough people want them.
The A series of mid-range devices allegedly takes up a huge portion of this stuck inventory, presumably because they aren’t appealing enough to fly off the shelves.
Samsung is aiming to ship around 270 million smartphones this year, and 50…
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