Samsung May Launch Flagship Phone Early to Grab Huawei Share: Sources

Samsung May Launch Flagship Phone Early to Grab Huawei Share: Sources
People walk past the logo of Samsung Electronics at the company's Seocho building in Seoul, South Korea, on July 30, 2020. Jung Yeon-je/AFP via Getty Images
|Updated:

Samsung Electronics Co. Ltd. may launch its flagship Galaxy S smartphones more than a month earlier than expected in a bid to grab market share from Huawei and fend off competition from Apple Inc., three sources familiar with the matter said.

Huawei Technologies Co. Ltd. once challenged Samsung’s top position in the global smartphone market, but the Chinese rival is in survival mode as U.S. restrictions choke off its supplies of chips used in smartphones and telecom equipment.