Has production of the Samsung Galaxy Tab been cut by 50% because of poor sales?

Has production of the Samsung Galaxy Tab been cut by 50% because of poor sales?
We have certainly passed along comments before from Wall Street analyst Ashkok Kumar. The Rodman and Renshaw pencil pusher has commented a few times that his analysis of the Apple iPhone's supply chain indicated a Verizon branded model was coming soon. For example, back in May, we reported that Kumar was telling his firm's clients that a Verizon branded iPhone could be coming in November. November is not over yet, but so far the analyst's call has been wrong and there seems to be nothing on the horizon that would change things.

Because that wouldn't be the first time that he called for a Verizon iPhone that never came, we have to take with a grain of salt his comments on the Samsung Galaxy Tab. While he might prove to be correct that smartphones and laptops are taking business away from the tablets, he also says that his reading of the supply chain shows that the Korean based manufacturer is cutting production of the 7 inch Android powered tablets by 50% due to poor sales.

We recently informed you that Samsung was expecting to sell 1 million of the tablets in 2010. It seems hard to believe that the company could have miscalculated by such a wide degree considering that the product's main challenger right now is the Apple iPad and there are many potential tablet buyers out there who would prefer Android to iOS, who want two cameras on board and Adobe flash capabilities on the browser

Rumors like this can destroy a product before it even has a chance to get off the ground, so we would imagine that Samsung will be making a response denying this very soon.

source: SamsungHub

Recommended Stories

Loading Comments...
FCC OKs Cingular\'s purchase of AT&T Wireless