Samsung Galaxy Note 21 has been cancelled

The Samsung Galaxy Note 21 has been hitting headlines for all the wrong reasons over the last few months, with many thinking the Note line is being discontinued. A new development seemingly confirms that it will not be launched in 2021.

At the 52nd regular shareholders' meeting in South Korea, Samsung co-CEO DJ Koh talked about the imbalance between the demand and supply of semiconductors globally - becoming the largest consumer tech company to publicly talk about an ongoing shortage (as reported by Digital Daily).

Samsung, which is also a chipset manufacturer itself, expects the disparity to affect its business in the next quarter.

Further, Koh explains that it will be difficult to release the S-Pen-toting Galaxy Note 21 in the second half of this year, as developing and offering two high-end devices can be a 'burden', referring to the Samsung Galaxy S21 from earlier in the year as the other high-end handset.

A spokesperson went on record to mention that the Note series has not been discontinued, but only delayed for now, and expects the new flagship to return for next year.

CEO Ko said, “The disparity between the supply of parts and demand in the information technology (IT) side is severe. We are checking the parts supply problem every morning. It is difficult to say that it is 100% resolved. It is a bit of a problem in the second quarter. We will report as a result so that there is no business disruption.”

“It is not that we do not release new products. The timing may vary, but next year we are preparing to continue to do so.”

DJ Koh

While chipset supply usually stabilizes within a few months, higher-end chipsets are likely to take longer to stabilize owing to the complexity of their design and a lack of prior experience and expertise. In the worst case, we will see a surge in the prices of products across the consumer electronics industry in the meantime.

It remains to be seen how this decision will affect the launch of Samsung’s upcoming range of foldables, such as the Galaxy Z Fold 3, which is rumored to be unveiled in the middle of 2021 with a similar flagship processor inside. A delay would not be far-fetched, though as a less mainstream device, Samsung might be able to more easily meet demand for it.

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