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The tablet market had some issues before 2020. Users saw no need to upgrade to a new tablet every other year because of the lack of stunning new advancements. And with smartphone screens growing in size, there seemed to be less demand for these devices.
Samsung to increase tablet production by 6% next year, double the amount it increased production this year
But along came the pandemic and those finding themselves suddenly working from home started buying tablets to help them with their jobs. Children who were schooled from home because of the pandemic required a tablet to help them “attend” class each day. So both adults and children required new tablets to help them keep some semblance of normalcy. And at the end of the day, both could use their tablets to entertain themselves by watching streamed movies and playing video games.
Samsung is scheduled to make 19 million smartwatches next year
Samsung’s decision to increase tablet production by 6% next year might have been a happy coincidence for the company with the news that a new Omicron variant of the coronavirus has been discovered. If this variant is as contagious as feared, we could see companies keep workers home longer than expected with some of those expected to return to the office soon now stuck at home.
Friday’s 900 point massacre of the Dow Jones Industrial Average shows just how seriously investors are taking this news.
Samsung will make 19 million smartwatches and 23 million earbuds next year
The latest data compiled by Canalys shows that for the third quarter of 2021, Samsung saw a 20.2% decline in its worldwide tablet shipments from 9.03 million to 7.21 million. The company controlled 19.1% of the global tablet market during the quarter placing it second only to Apple and its 40.4% slice of the global tablet pie from July through September.