Analysts predict that Samsung will miss its 350 million target of smartphone sales

According to inside sources, Samsung has set a goal of 320 million smartphone shipments worldwide this year but after the solid pre-order numbers of the Galaxy S9 and Galaxy S9+ in Q1 2018, the firm changed its goal to 350 million units. However, according to industry sources, the Korean tech giant won't be able to reach its ambitious goal. There are many factors involved, with the most impactful one being the aggressive market penetration of Chinese vendors. Samsung's shipments in the country shrank from 20% in 2013 down to under 1% last year. This is because Chinese manufacturers...