SEOUL - Samsung Electronics may launch its flagship Galaxy S smartphones more than a month earlier than expected in a bid to grab market share from Huawei and fend off competition from Apple, three sources familiar with the matter said.
South Korean chip industry officials hope Joe Biden's presidency will ease some of those restrictions, although they are far from certain as they also expect the incoming US administration to maintain a tough stance on China. The South Korean company shipped 59 per cent fewer Galaxy S20 5G series handsets in the United States in the second quarter compared to the previous model's performance a year earlier, according to research firm Canalys. In contrast, Apple shipped 15 per cent more of its flagship iPhone 11 than last year's best-seller, the iPhone XR.
A person at one major supplier of smartphone chips said Huawei's stockpiles were expected to run out some time early next year.
Chinazi Oh No.
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