There have already been several reports of Samsung restructuring its smartphone lineup for 2021, and now Reuters has weighed in on the matter. According to the website, Samsung has no plans to develop a Galaxy Note flagship for 2021. This would be a big step for Samsung, although it is one that @cozyplanes contradicts. Reuters states that three of its sources have verified that there is currently no Galaxy Note 21 in development.
However, the S-Pen will live on beyond the Note 20 series. Reuters adds that the Galaxy S21 Ultra will support the S-Pen, as will the next 'foldable phone', presumably the Galaxy Z Fold3. Samsung apparently considers the S-Pen optional for the latter, as it will not include one in the box. Reuters implies that Samsung will bundle the S-Pen with the Galaxy S21 Ultra, though.
The economic fallout of the COVID-19 pandemic has been cited as a reason for Samsung pivoting away from the Galaxy Note series. According to The Elec, sales of the Galaxy Note 20 series have failed to reach expectations, and may be about a third down on where Samsung had hoped they would be. Clearly, the Galaxy S and Galaxy Z series remain profitable enough for Samsung to keep making more of them.
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