Samsung is scheduled to make 19 million smartwatches next year – Samsung’s growth in tablet production will reportedly double in 2022 just in time
Samsung is scheduled to make 19 million smartwatches next year. During its fiscal 2021 second quarter, Apple reported that iPad revenue soared 79% rising from $4.37 billion to $7.81 billion. And Samsung was also active in the tablet market as well. This will continue next year with the company expected to hike production of Galaxy Tab devices by 6% according to TheElec.
Prior to 2020, the tablet market experienced some challenges. Because there were no dramatic new breakthroughs every other year, users saw no reason to upgrade to a new tablet every two years. With the increasing size of smartphone screens, there appeared to be less demand for these gadgets. Samsung plans to expand tablet output by 6% next year, more than doubling what it did this year. But then came the epidemic, and individuals who found themselves working from home for the first time began purchasing tablets to aid them in their task. Because of the epidemic, children who were homeschooled needed a tablet to help them “attend” class each day. As a result, both adults and children needed new tablets to maintain some kind of normalcy. Finally, both could use their tablets to enjoy themselves by watching streaming movies and playing video games at the end of the day.
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Sammy is expecting to ship 34 million Galaxy Tab devices next year, which would be a 6% hike over this year’s deliveries of the device. That is double the 3% gain in Galaxy Tab shipments that Samsung registered for 2021 from 2020. This year, the manufacturer sees 32 million Galaxy Tab slates shipped compared to 31 million the year before.
The report adds that Samsung will produce 400,000 units of the Galaxy Tab S8 Ultra, 900,000 Galaxy Tab S8+, and 1.2 million Galaxy Tab S8 tablets starting in the first quarter of next year. Also beginning in Q1, Samsung will start production of 11 million Galaxy Tab A8 models and the same number of Galaxy Tab A7 Lite slates. Starting in the third quarter of 2022, 1.6 million units of the Galaxy Tab S8 Lite will be manufactured. You might notice that the more expensive the model, the fewer the number of units will be rolling off of the assembly line. The Elec says that in 2022, over 60% of Galaxy Tab production will include the low-and mid-range Galaxy A series slates. To save on development costs, the Galaxy Tab A series is produced using a Joint Development Manufacturer (JDM). This allows Samsung to work with third parties on design and the procurement of parts.
Samsung’s decision to increase tablet production by 6% next year might have been a happy coincidence for the company with the news that a new Omicron variant of the coronavirus has been discovered. If this variant is as contagious as feared, we could see companies keep workers home longer than expected with some of those expected to return to the office soon now stuck at home.
Friday’s 900 point massacre of the Dow Jones Industrial Average shows just how seriously investors are taking this news. Samsung will make 19 million smartwatches and 23 million earbuds next year The latest data compiled by Canalys shows that for the third quarter of 2021, Samsung saw a 20.2% decline in its worldwide tablet shipments from 9.03 million to 7.21 million. The company controlled 19.1% of the global tablet market during the quarter placing it second only to Apple and its 40.4% slice of the global tablet pie from July through September.
TheElec adds that Samsung will manufacture 4.8 million units of its Galaxy Watch 5 during the third and fourth quarters of 2022. This year Samsung dropped the use of its homegrown Tizen operating system for the Galaxy Watch 4 and Galaxy Watch 4 Classic and replaced it with Wear OS. Overall, the company is expected to make 19 million smartwatch units next year. Samsung is scheduled to produce 23 million earbuds next year which will include 3.1 million Galaxy Buds Pro2 (to be built during the second through fourth quarters of 2022) and 3.3 million Galaxy Buds Live 2 (to be built during the third and fourth quarters of 2022).
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