Samsung To Get Rid Of a Popular Phone

There's some bad news this week for Samsung users, with insiders suggesting that the company is planning to discontinue its flagship phone next year. According to a report by Reuters, Samsung Electronics Co Ltd may terminate the product as a result of a sharp drop in demand for high end smartphones caused by the COVID-19 pandemic.

The Galaxy Note is one of the Most Expensive Phones On the Market.

The Galaxy Note, famous for its large screen and an accompanying stylus for note taking, has a price tag of $999, which makes it $200 more expensive than the iPhone 12. That has become a problem when many consumers are carefully watching their budgets.

People Are Spending Less On Phones Overall Due to COVID.

Worldwide smartphone sales totaled 366 million units in the third quarter of 2020, a decline of 8.7 percent year over year, research company Gartner reports. While Samsung held the No. 1 position with 22 percent of the market share, the Galaxy Note doesn't seem to be dominating.

Sales of the Galaxy Note Have Reportedly Fallen 20%

According to Reuters, sales of Samsung Galaxy Note are expected to fall by 20% this year to 8 million. As a result, three sources told Reuters that there was no plan to develop a new upgraded version of the Galaxy Note in 2021.

Techradar also suggested that other issues were counting against the Galaxy Note: the lack of difference between it and the Galaxy S; the ability to use the once unique stylus on other handsets; and a need to pare down Samsung's range once they launch more foldable phones.

The Galaxy S Would Then Become Samsung's Leading Phone.

Instead, the leading model of the Galaxy S (the S21) will come with a stylus, and future versions of Samsung's foldable phone will also work with the attachment.

A new product launch from Samsung is due to arrive in Aug. 2021, so the company may change its approach before then. But at this point, all evidence suggests that the Galaxy Note may be coming to the end of the road.

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