From Gijong Lee’s “Samsung has staggering 50 million smartphones in stock” posted Monday on TheElec:
Samsung had nearly 50 million units of smartphones in distributor stocks, TheElec has learned.
Its mid-tier Galaxy A series took up a huge portion of smartphones in inventory being read to be sold, sources said…
Samsung had manufactured around 20 million units of smartphones per month from January to February.
But his dipped to 10 million units in May — a likely reaction to too many units in the inventory and low demand.
My take: Apple can’t make iPhones fast enough to meet demand. Samsung made its smartphones too fast.