After returning to crowning glory, Samsung Electronics Ltd may launch their flagship GALAXY S smartphones more than a month earlier than expected in a bid to grab the market share from Huawei and fend off the competition from Apple Inc, three sources close to the matter said.
The Chinese tech giants Huawei which once dominated the global smartphone market is in crisis mode. The recent US restrictions on chips used in smartphones and telecom equipment.
According to the unidentified source, Samsung plans to launch the new Galaxy S21 smartphone as early as January 2021. Samsung lost its number 1 spot to Huawei in the second quarter but regained its crown after stringent US restrictions on Huawei. The recent launch planning may be the game-changing move for Samsung in next year’s smartphone business.