https://wccftech.com/samsung-will-miss-350-million-smartphone-shipments/

An industry source has said that Samsung will probably not be able to achieve its annual smartphone shipment target of 350 million units. This is because of the lower-than-expected sales of its latest flagship Galaxy S9 and Galaxy S9 Plus, among other factors.

Samsung’s smartphone sales momentum has recently seen a slowdown in China, which is one of the reasons why the company will not be able to achieve its aforementioned target. In fact, both the Korean giant and Apple have been struggling with lower smartphone demand in recent years because of high market penetration and increasing competition from Chinese manufacturers who make affordable, but premium handsets.