Samsung Cuts 2022 Smartphone Shipments Target to 260 Million Units Due to Supply Chain Constraints: Report

Samsung is said to have reduced its smartphone shipment target for 2022, as per a report. The company is said to have made the decision due to slum in global economy, supply chain constraints, and low demand for phones. The report added that the South Korean company was earlier aiming to ship 300 million units in 2022.