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Sales of Galaxy S20 series reportedly down by 50% in Korea

By Cookie Monster - on 1 Mar 2020, 12:02pm

Sales of Galaxy S20 series reportedly down by 50% in Korea

The Samsung Galaxy S20 lineup.

Sales of the Samsung Galaxy S20 series are reportedly disappointing in South Korea.

Industry sources told The Korea Herald that Galaxy S20 sales were 50% lower than the Galaxy S10 and Note10 series. Estimates suggest that Samsung sold about 70,800 units of the Galaxy S20 series, which is significantly lower than first-day sales numbers of previous flagship devices. In comparsion, the Galaxy S10 series sold 140,000 units on the first day of launch while the Galaxy Note10 series sold 220,000 units at launch.

An official from a South Korean telco said the Galaxy S20 sales were affected by "sharp declines in discounts" and lower traffic in its retail stores due to Covid-19 fears. IDC estimates that global smartphone shipments could drop 10.6% in the first half of the year due to the Covid-19 outbreak.

South Korea has the largest outbreak of the Covid-19 virus outside of China with over 3,150 cases. Majority of the cases are in Daegu and North Gyeongsang. The new school term has been delayed for a week while Hyundai Motor suspended operations at one of its factories after an employee was confirmed to be infected with the Covid-19 virus.

Source: The Korea Herald