#Samsung hints that it won’t release the Galaxy Note series this year

“#Samsung hints that it won’t release the Galaxy Note series this year”

Samsung announced today that it might not release the Galaxy Note series this year. So the numerous rumors of the popular phone line being shelved were only partially correct.

At an annual shareholders meeting in South Korea, Samsung’s co-CEO, DJ Koh, said that to streamline its portfolio, the company is considering skipping the launch of a new Note phone:

Note series is positioned as a high-end model in our business portfolio. It could be a burden to unveil two flagship models in a year so it might be difficult to release Note model in 2H. The timing of Note model launch can be changed but we seek to release a Note model next year.

Koh also noted that there is a serious imbalance between the supply and the demand of chips across the world, and that could cause products to get delayed. The COVID-19 pandemic has caused obstructions in the schedules of chipmaking companies that are trying to satisfy orders from multiple industries ranging from cars to smartphones.

While Samsung didn’t directly indicate that chip shortage is one of the reasons to skip the Note line this year, but it could be a major factor in the final decision. Koh gave a glimmer of hope to Note fans by saying the company could delay the launch to release one, but chances are slim.