3/17/2021, 3:05 AM (Source: TeleTrader)
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It may be difficult to launch new Note in H2 - Samsung

Samsung Electronics unveiled that the launch of its new Note model in the second half of 2021 could be challenging due to a "very serious" problem regarding the IT chip supply.

President and CEO of Samsung's IT & Mobile Communications Koh Dong-jin (pictured) addressed the company shareholders during an annual meeting, underlining that the company is continuing its efforts to remedy the situation.

Concerns regarding the chip production disruptions have increased in South Korea, prompting the country's government to exempt business people involved in the auto chips industry from coronavirus-related quarantine.

Baha Breaking News (BBN) / BU