Samsung (SSNLF) plans to raise shipments of its Galaxy S series in 2025, while cutting its targets for the Galaxy Z series as the company moves focus to its flagship devices amid slow sales of its foldable models, DigiTimes Asia’s Daniel Chiang and Charlene Chen report, citing sources. The company still expects to move forward with foldables, however it may only produce 3M Flip 7’s and 2M Fold 7’s, an approximately 3M total reduction compared to 2024.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on SSNLF:
- Samsung awarded up to $4.75B in CHIPS act funding
- Google-Samsung Launch Android XR OS to Compete with Apple and Meta
- Adobe outlook disappoints, Kroger announces $7.5B buyback: Morning Buzz
- Samsung accuses India’s CCI of unlawfully seizing data, Reuters reports
- Netlist announces patent upheld by Patent Trial and Appeal Board
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
