Shulou(Shulou.com)11/24 Report--

CTOnews.com8 news on March 29, due to the contraction of the consumer electronics market in recent months, many manufacturers' mobile phones, televisions and other businesses have been affected to varying degrees, hoarding a lot of products. In order to clear inventory, manufacturers often notify the supply chain to suspend purchases.

In order to reduce the inventory of televisions and mobile phones, Samsung announced in mid-June that it had notified the supply chain to suspend delivery until the end of July, Taiwan's Economic Daily reported today. After that, it was reported that Samsung will suspend shipment by one month because inventory reduction is not as fast as expected, and some products will not even pull goods by the end of this year.

According to reports of Samsung supply chain news, Samsung after two months of inventory, the TV business has now taken the lead in achieving results. The inventory cycle, which used to be as high as 16 weeks, has now fallen to about eight weeks, moving closer to a healthy six-week inventory cycle. Among them, the inventory of some high-end models has been greatly reduced and has gradually returned to normal.

According to reports, industry insiders said that Samsung has achieved results only in removing inventory from its TV business, while mobile phones are still in poor condition and have more inventory.

CTOnews.com learned that Samsung and LG's global TV market share is declining, according to a report by BUSINESSKOREA on August 18. In the first half of this year, Samsung's market share was 31.6%, down 1.1 percentage points from the same period a year ago.

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