Samsung might discontinue Galaxy Note series due to a fall in demand

According to the latest news, Samsung will be discontinuing its Galaxy Note series next year due to a sharp fall in demand for premium phones in the wake of the COVID-19 pandemic. The internet was filled with this kind of rumor for almost the last six months and now, Reuters has quoted as many as three different sources who confirmed the rumor that Samsung is planning not to release a Galaxy Note device in 2021.

The report suggests that instead of focusing on a Galaxy Note device, the company is concentrating on Galaxy S21 Ultra. It seems that with the discontinuation of the Galaxy Note series, Galaxy S21 Ultra is set to become the top model in the company’s phablet lineup.

As part of the plan, as per reports, Samsung is also looking to incorporate support for its S Pen stylus into the Galaxy S series. Galaxy S series will likely become the sole flagship smartphone line-up from the company alongside its new age folding handsets.

Samsung might discontinue Galaxy Note series due to a fall in demand
Samsung might discontinue the Galaxy Note series due to a fall in demand

As far as the folding handsets are concerned, some reports suggest, that the upcoming Galaxy Z Fold 3 will reportedly come with S Pen support. It is a part of Samsung’s efforts to bring feature parity between its flagship line-ups.

Reuters reported that Samsung refused to issue a statement about its plans regarding the Galaxy Note 21 device. It will be interesting to see if the company comes with an official confirmation about the supposed cancellation in the coming days.

Tom Kang, an analyst of Counterpoint Research said that he expects sales figures of Galaxy Note series to fall by 20% which translates to around 8 million units this year. Kang also said that he expects the sales of the S series to drop by something between 5 million to 30 million units in 2020. Kang said, “Premium demand has decreased this year and many people are not looking for new products.”