Samsung had excellent business performance in the first quarter of this year. The company's Galaxy S24 series - launched in January - is selling well. They have broken several pre-order records in many countries. As a result, Samsung sold more units than its internal target.

Samsung aims to ship 253 million phones by 2024
According to a new report from THE ELEC, Samsung has produced more phones and tablets than its target for the first quarter of 2024. The company has made more than 65.4 million phones and tablets, many 22% more than the original target of 53 million. This figure does not include units manufactured by contractor Wingtech. Samsung is said to have set a target of shipping about 253 million Galaxy phones. Of these, 51 million belong to the Galaxy S and Galaxy Z series.

Samsung has achieved its goal with the Galaxy S series before the Galaxy Z Flip 6 and Galaxy Z Fold 6 are launched, which could be in July 2024. The company is currently very confident due to good sales. of the Galaxy S24 series worldwide as well as mid-range and low-cost phones in India.

Samsung Display โ€“ which is the OLED panel supplier for Samsung MX (phone division) โ€“ is also operating at maximum capacity due to high sales of Galaxy phones and tablets. Samsung Display's A2 series (which are rigid OLED panels used for many products in the Galaxy A, Galaxy F, and Galaxy M series), is running at 80% capacity.