Over the past few months, several rumors have been circulating that Samsung will end the very popular Galaxy Note series. With the release of the Galaxy S21 Ultra, which supports the S Pen, it seems that the South Korean firm has indeed decided to close the Galaxy Note lineup. However, the company today confirmed that it will continue to launch more phones in the series.

During Samsung’s 52nd annual shareholder meeting, DJ Koh, co-CEO of Samsung’s IT and mobile communications division, noted that the company was facing a severe shortage of chips and a collision with it this year Launching the Galaxy Note 21 series can be difficult current products Galaxy S21 Ultra. However, he said that Samsung is planning to launch a new Galaxy Note model in 2022. DJ Koh also said that the launch timelines for next year’s Galaxy Note may be different from previous launches.

DJ Koh said, “The Galaxy Note is an important product category for us that has been consistently liked by consumers in the global market for the last 10 years. The launch time may vary, but we’ll make sure we don’t let Galaxy Note users fail.

Since the Galaxy S21 supports the Ultra S Pen, it has been speculated that the company will replace the Galaxy Note series with the Galaxy S series and simplify its smartphone lineup. The company also wants to cement the Galaxy Z Fold Series’ position as an ultra-premium model and make the Galaxy Z Flip more affordable so that consumers can easily upgrade to foldable phones.