Why buyers are finding it tough to buy premium phones from Apple, Samsung

Asia's Tech News Daily

iPhone,Samsung,iPhone 13
Demand has outstripped supply just before the crucial Diwali shopping period for premium consumer electronics and smartphones with several popular models vanishing from the market.
Retailers and industry executives said several best-selling models such as those in Apple’s iPhone 11, 12 and 13 series, Samsung‘s Galaxy Fold and Flip models, high-end television sets and imported appliances across most brands are either out of stock or supplies are low. The shortage is 15-30% of potential demand, industry executives said.
The supply crunch has gotten magnified due to robust sales during the Navratri period (October 2-15), led by marketplaces such as Flipkart and Amazon, and brick-and-mortar retailers like Reliance Digital, Croma, Vijay Sales and Great Eastern Retail.
Electronics, handsets short of Diwali demand; premium, imported models worst hit
“Supplies continue to be unpredictable,” said Avijit Mitra, managing director of Tata-owned electronics retail chain Croma. “It is actually more (in appliances) where chips are required, which means premium-end and imported models.”
Delivery delays
Amazon and Flipkart, in particular, had forecast this surge and sellers had stocked up much earlier with higher inventory, which is why the situation is relatively better in these marketplaces. Diwali is on November 4.
For Apple in particular, several leading chains and executives said this is the worst-ever supply situation for iPhones at present, considering demand is steep. The iPhone maker likely shipped over 2 million handsets to India last quarter, which is a record in itself, as per market researchers. Despite that, Apple’s own online store now has a delivery lead time of three-four weeks for even two-year-old models like the iPhone 11. The popular variants of iPhone 12 in Flipkart are out of stock, while some others have a week’s delivery lead time. The newly launched iPhone 13 Pro models are out of stock with delivery time of over a month on Apple’s own online store.
Samsung India has sent an SOS to headquarters for more stock for the newly launched super-premium smartphones since those are currently imported from South Korea, said people with knowledge of the matter. Smartphone market leader Xiaomi warned a few leading brick-and-mortar chains that there could be supply disruptions for the next seven-10 days.
‘Ramping up local manufacturing’
A Xiaomi spokesperson said there have been shortages across the supply chain due to challenges stemming from the pandemic.
“During the festive season, we have seen a tremendous increase in demand from consumers,” the Xiaomi spokesperson said. “Witnessing a steady increase in demand and keeping in mind the gap between demand and supply, we have been working with various vendors and are trying to do our best to supply as much as possible. To ensure we bridge the gap, we have been working towards expanding our local manufacturing capabilities.” Apple and Samsung didn’t respond to queries.
The consumer electronics and smartphone industry has been facing an acute supply crunch for the past few weeks due to a shortage of semiconductors – a crucial component in smartphones, smart TVs and high-end appliances. Besides global demand having also surged, shipping containers are in short supply with retailers and online stores in western nations stocking up for holiday sales.
Neeraj Bahl, managing director of BSH Household Appliances India, which sells Bosch and Siemens appliances, said the company is losing almost 15% of potential sales during Diwali due to the supply shortage. “Most of our fastest-selling and imported premium range are out of stock, while even our India refrigerator plant production is affected due to component issues,” he said.
Crucial festive period
High-end imported products priced at ₹75,000 to Rs 1 lakh and above are facing supply constraints, said Deepak Bansal, vice-president, LG Electronics India, the country’s largest appliance manufacturer.
“Shipments are delayed and if demand further picks up during the next seven-10 days, the shortage will increase,” he said.
An executive with a leading smartphone maker said the industry posted record sales during the Navratri period led by ecommerce and hence a gap was inevitable given the global supply crunch.

Internet Explorer Channel Network
Asia's Tech News Daily
News Related

OTHER NEWS

Samsung Galaxy Tab S8 Ultra's notch may not be as bad once thought, new leak corroborates dual selfie camera rumors

Samsung Galaxy Tab S7+ | Photo credit: Samsung / YouTube screenshot The display notch may have been removed from many smartphones over the last two years, but it is certainly ... Read more »

Stellantis targets €20 billion in revenue through connected vehicle software upgrades

Stellantis is planning to generate up to €20 billion (£16.9bn) in incremental annual revenue by 2030 through connected cars and over-the-air updates. The car giant, which owns Abarth, Alfa Romeo, ... Read more »

OnePlus Buds Z2 said to launch in India soon: Expected price and features

NEW DELHI: OnePlus is likely to soon expand its audio devices portfolio in India. According to reports, the company is set to launch OnePlus OnePlus Buds Z2 true wireless earbuds ... Read more »

Best productivity tools of 2021

<div data-image="https://cdn.mos.cms.futurecdn.net/9Eh5mQqur3DifoRJkFZ3Fj-200-100.jpg" data-link="https://www.dpbolvw.net/click-6361382-14077115?sid=hawk-custom-tracking" data-link-text="View Deal" data-webp-image="https://cdn.mos.cms.futurecdn.net/9Eh5mQqur3DifoRJkFZ3Fj-200-100.jpg.webp" data-widget-introduction=" Google Workspace : Collaboration + productivity apps There are many different office software suites but Google Workspace formerly known as G Suite remains ... Read more »

Beijing leaves antitrust out of 2022 economic goals, focuses on technological development

China’s top policymaking body emphasised the country’s drive for technological self-sufficiency and innovation to address economic growth in 2022, shunning mentions of antitrust and the “disorderly expansion of capital” that ... Read more »

This upcoming Motorola phone will have the highest-resolution selfie camera ever

According to some teases, an upcoming Motorola phone could be one of the best smartphones for selfie-taking we’ve ever seen – or one of the worst, depending on how you ... Read more »

WhatsApp update: New chats can now be set to disappear by default, Meta adds more disappearing message durations

Photo credit: MIH83 / Pixabay Before Facebook became Meta, the social media empire faced widespread backlash over policy changes earlier this year that raised concerns on how it handles user ... Read more »

The Arcane characters we want to see as League of Legends champions

It has now been over a month since the release of Arcane, the League of Legends (LoL) animated series on Netflix, and already fans of both the series and the ... Read more »

Shang-Chi is getting a sequel – and a comedy spinoff show

Shang-Chi and the Legend of the Ten Rings is getting a sequel and a Disney Plus comedy spinoff show, according to various reports. Following the Marvel movie’s successful stint at ... Read more »

#LG Energy Solution submits registration for IPO

LG Energy Solution submits registration for IPO By Kim Byung-wook LG Energy Solution said Tuesday it has entered an official stage to go public in January, amid market expectation that ... Read more »

Samsung Galaxy Tab S8 leaked renders suggest the tablet will get a notch

The notch is probably one of the most controversial design elements in the tech world. While the Android side has gradually evolved by adopting designs like a pop-up camera, a ... Read more »

China Crystal New Material Holdings to raise 6.5 bln won via stock offering

SEOUL, Dec. 7 (Yonhap) — China Crystal New Material Holdings Co.on Tuesday announced that it will sell stocks to raise 6.5 billion won (US$5.5 million). The proceeds from the stock ... Read more »

Pixel Buds A-Series firmware update with higher bass range and improved device switching to roll out ‘in the coming days'

Photo credit: Eriel Suarez / Unsplash Firmware updates for wireless earbuds are usually uneventful, but that is not the case with the upcoming firmware version 282 for Pixel Buds A-Series. It is confirmed ... Read more »

What are Soundmojis: How to find them on Facebook

Facebook Messenger introduced a new feature called Soundmojis earlier this year. The Soundmojis let you send short sound clips in a Messenger chat. From clapping, crickets, drumroll and evil laughter, ... Read more »

‘The Matrix Awakens': How to download Unreal Engine 5 demo on PS5 and Xbox Series X/S

From the teaser for “The Matrix Awakens” | Photo credit: Unreal Engine / YouTube screenshot Epic Games confirmed the release of an upcoming demo of its Unreal Engine 5 called ... Read more »

HP Omen 16 gaming laptop launched in India: Price, specs and more

HP has launched the new HP Omen 16 gaming laptop in India. The new device features a 16.1-inch screen with 16:9 aspect ratio suited for both casual and seasoned gamers. ... Read more »

Galaxy S22 dan Redmi K50 Bakal Rilis Februari 2022, Ini Bocorannya

© Copyright (c) 2016 TEMPO.CO foto TEMPO.CO, Jakarta – Smartphone terbaru seri Samsung Galaxy S22 dan Redmi K50 dilaporkan akan dirilis pada kuartal pertama 2022, tepatnya bulan Februari. Meskipun peluncurannya ... Read more »

Samsung names new CEOs, to merge mobile, consumer electronics units

The company remains optimistic for the fourth quarter Samsung Electronics Co Ltd will merge its mobile and consumer electronics divisions, the firm said on Tuesday, naming new co-chief executives in ... Read more »

Hyundai Genuine to sell new shares worth 100 bln won to acquire stake in subsidiary

By Nam Kwang-sik SEOUL, Dec. 7 (Yonhap) — Hyundai Genuine Co. said Tuesday its board of directors has decided to sell new shares and raise 100 billion won (US$846 million) ... Read more »

Samsung is merging mobile and consumer electronics divisions: The big changes this means

Samsung Electronics Co Ltd said it will merge its mobile and consumer electronics divisions and named new co-CEOs in its biggest reshuffle since 2017, to simplify its structure and focus ... Read more »

Apple iPhone 13 vs Samsung Galaxy S21: Which smartphone is best?

(ES Composite) Every year the battle for the best phone reaches new heights, but this time around it feels particularly fierce. The pandemic forced us all to stay at home, ... Read more »

Covid news - live: Omicron to be dominant variant ‘within weeks' as India warns of ‘massive third wave'

Omicron is likely to become the dominant variant of coronavirus in the UK “in a matter of weeks,” a top scientist has warned. Dr Jeffrey Barrett, director of the covid-19 ... Read more »

PS5 UK stock - live: Argos, AO, Very and Amazon could restock consoles this week

Who could restock the elusive console today? (iStock/The Independent) UPDATE: The PS5 could restock at Argos, AO, Very and Amazon this week. Read on for more information. It has now ... Read more »

Dan Walker has the perfect response to Piers Morgan's Strictly dig

Dan Walker had the perfect response to Piers Morgan’s jibe over his exit from Strictly Come Dancing. The BBC Breakfast host and his professional dance partner Nadiya Bychkova were eliminated ... Read more »

Best SQL online courses in 2022

The best online SQL courses make it simple and easy to learn SQL for databases, covering everything from beginner to advanced users. The Structured Query Language or SQL as it ... Read more »

‘Halo Infinite' gameplay: Campaign replays could be added as a feature post-launch

From the “Halo Infinite” multiplayer reveal trailer | Photo credit: HALO channel / YouTube screenshot There are new things to explore once “Halo Infinite” launches this week, but there are ... Read more »

Stellantis' AI strategy targets $22.6b in revenues by 2030

MILAN (AP) — Carmaker Stellantis announced a strategy Tuesday to embed AI-enabled software in 34 million vehicles across its 14 brands targeting 20 billion euros ($22.6 billion) in annual revenues ... Read more »

Health Secretary visits South London drug rehab facility

Health Secretary Sajid Javid is given a tour of a drug rehabilitation facility in South London where he learns about what services it offers and the process of helping people ... Read more »

SK faces huge hurdles to building chip plant in US

SK Group Chairman Chey Tae-won, right, speaks with U.S. Senate Republican Leader Mitch McConnell at the U.S. Capitol in Washington D.C., Oct. 27. Courtesy of Senator Mitch McConnell’s office Costs, ... Read more »

Video: Indonesian village coated with volcanic ash

Drone footage shows the village completely covered with ash from Java island's Semeru volcano, while the search for survivors continues on the ground. Read more »

iPad Pro 2022 specs: Wireless charging and reverse wireless charging could come to premium tablets first

2021 iPad Pro | Photo credit: Daniel Romero / Unsplash It has not been that long since Apple unveiled the last of its new devices for this year, but tech fans might already ... Read more »

Mercedes-Benz dealer holds service skills contest

Winners of the 2021 Han Sung Skill Contest pose for a group photo at the Korea Polytechnic University on Nov. 20. (Han Sung Motor)Han Sung Motor, the official dealership of ... Read more »

Facebook brings dark mode, new voice effects and other features to Messenger Kids

Facebook is adding new features to the Messenger Kids app. The company has introduced Dark Mode, the ability to add voice effects to voice messages and the ability to start ... Read more »

Can electric, hydrogen vehicles be charged simultaneously? Doosan says it's possible

Doosan Fuel Cell Chief Operating Officer Che Hoo-seok (Doosan)A mock-up of Doosan Fuel Cell’s Tri-gen system. (Kim Byung-wook/The Korea Herald)Electric vehicle chargers can’t fuel hydrogen vehicles and hydrogen chargers can’t ... Read more »

[ANALYSIS] Samsung's combined set-making business mimics Apple

By Baek Byung-yeul Samsung Electronics implemented a large-scale reshuffle of executives Tuesday and one notable aspect was the appointment of Han Jong-hee, president of its TV business, as vice chairman ... Read more »

Australia's conditional approval of COVID-19 treatment unlikely to help Celltrion rebound

Samples of Celltrion’s COVID-19 antibody treatment Regkirona / Courtesy of Celltrion By Kim Jae-heun Australia’s Therapeutic Goods Administration (TGA) said Tuesday it has conditionally approved Celltrion’s COVID-19 antibody treatment Regkirona ... Read more »

Samsung replaces CEOs of 3 key business units

Three executives of Samsung Electronics were promoted to vice chairmen in the tech giant’s management reshuffle, Tuesday. They are, from left, Kyung Kye-hyun of the semiconductor division, Chung Hyun-ho at ... Read more »

Facebook Gaming: Meta introduces 'Play with Streamer' feature as part of new PAC-MAN COMMUNITY game

Photo credit: Giorgio Trovato / Unsplash Meta announced a new project for Facebook Gaming on Monday called “PAC-MAN COMMUNITY.” It is a new interactive game exclusively available in the streaming ... Read more »

Alzheimer's: Viagra may be linked to lower risk of disease, study suggests

A randomised clinical trial will now be set up to try to confirm any benefits to taking Viagra for people with Alzheimer's. Read more »

Krafton to lead W13b investment in Middle East mobile game publisher

(Krafton)South Korea’s Krafton, the company behind megahit video game PlayerUnknown‘s Battlegrounds, said Tuesday it will help secure an investment of 13 billion won ($11 million) for Tamatem, a leading mobile ... Read more »
On free-english-test.com you will find lots of free English exam practice materials to help you improve your English skills: grammar, listening, reading, writing, ielts, toeic