[Samsung Electronics Concall] "Galaxy Note and Foldable New Products Being Prepared as Scheduled"
[Asia Economy Reporter Han Jinju] At the 2020 Q1 earnings conference call held by Samsung Electronics on the 29th, Lee Jong-min, Executive Director of the Wireless Business Division, said about the smartphone launch plans for the second half of the year, "We are preparing the new Note model and the new foldable model scheduled for release in the second half as planned. We will present more competitive products."
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He continued, "Although the spread of COVID-19 is slowing down in the North American and European regions, it will take time for the real economy to recover, and it is difficult to predict the extent of demand decline in Q2. To respond to retail store closures, we are focusing on online sales and are fully prepared across supply and channels," adding, "We will monitor and respond promptly to demand recovery by region."
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