Samsung’s upcoming flagship smartphone, the Galaxy S24, is expected to have an early release date, according to reports from South Korean outlet ETNews. This news comes after the success of the Galaxy S23 series, which performed better than its predecessor, the Galaxy S22. Samsung, in collaboration with research firm Canalys, has analyzed the positive sales figures and predicts a rebound in the smartphone market, prompting the company to increase its production target.

ETNews reveals that Samsung plans to manufacture 30 million units of the Galaxy S24 models, representing a 10 percent increase compared to the previous Galaxy S23 series. Among these units, the Galaxy S24 Ultra will make up 50 percent, while the remaining devices will be evenly divided between the Galaxy S24 and S24 Plus.

Sources indicate that Samsung has already informed its partners about the production plans, and mass production of parts is set to begin in November. Given that the mass production of Galaxy S23 components started in December the previous year, industry experts speculate that the Galaxy S24 may hit the market earlier than its predecessor, which was released in February.

While the reasons for Samsung’s production plans are not explicitly mentioned, it is believed that the company may be aiming to establish a steady inventory level by directing partners to commence mass production earlier than usual.

Despite this, an industry official has stated that the release schedule for the Galaxy S24 has yet to be determined. However, they did not rule out the possibility of an early release.

As always, we will keep you updated with any further developments regarding the Samsung Galaxy S24 as they become available. Stay tuned for more news from Phones Canada.