Samsung smartphones are in acute shortage

The South Korean corporation Samsung was unable to satisfy the demands of smartphone consumers in one of the markets. Bloomberg reports this.

According to the agency’s journalists, the Samsung Galaxy S24 line of smartphones has proven extremely popular in Pakistan. The country is the fifth most populous in the world, with approximately 192 million smartphone owners. The material states that Pakistan is one of the most important markets for Samsung and other manufacturers.

Media specialists explained the high demand and acute shortage of Samsung smartphones by the fact that the Korean company assembles devices in Pakistan and pays reduced taxes. In this way, the local government stimulates business. In this regard, the company supplies devices to the market at a reduced price. Particularly due to record demand, devices from the Korean brand disappeared from sale.

“Samsung Electronics is working hard to meet the needs of our customers, and we expect sales to resume soon,” the corporation said in an official statement. According to Bloomberg authors, Apple is not as successful in the markets of developing countries, as local users prefer relatively inexpensive devices.

At the end of April, Counterpoint Research analysts recorded a sharp drop in iPhone sales in China. This is largely due to the success of local company Huawei, whose sales grew by 69.7 percent in the first quarter of the year.