Note 7 fallout: Samsung Galaxy S8 may launch early for damage control

Note 7 fallout: Samsung Galaxy S8 may launch early for damage control

Amidst Note 7 fiasco, Samsung might have to push out the Galaxy S8 ahead of its scheduled launch

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Note 7. Image ReutersNote 7. Image Reuters
BusinessToday.In
  • Sep 15, 2016,
  • Updated Sep 15, 2016 5:33 PM IST

According to a report by Korea Herald, Samsung might have topush out the Galaxy S8 ahead of its scheduled launch. The South Korean companyis undergoing a critical period in the history of its smartphone business. TheNote 7 fiasco might leave a lasting impact on the company's image as well asstocks.

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With damage control underway, the company is looking forwardto bring the sales back on track. According to Kim Sang-pyo, an analyst at theKB Investment & Securities, "Regardless of the sales resumption,an earlier launch of a new quality flagship model seems to be the mostrealistic solution to dealing with the current recall crisis."

Samsung Galaxy S8 is the next big launch from Samsung andthe company will try its best to launch it before time to curtail the damagesto the profitability of the mobile business division.

For Unparalleled coverage of India's Businesses and Economy – Subscribe to Business Today Magazine

According to a report by Korea Herald, Samsung might have topush out the Galaxy S8 ahead of its scheduled launch. The South Korean companyis undergoing a critical period in the history of its smartphone business. TheNote 7 fiasco might leave a lasting impact on the company's image as well asstocks.

Advertisement

With damage control underway, the company is looking forwardto bring the sales back on track. According to Kim Sang-pyo, an analyst at theKB Investment & Securities, "Regardless of the sales resumption,an earlier launch of a new quality flagship model seems to be the mostrealistic solution to dealing with the current recall crisis."

Samsung Galaxy S8 is the next big launch from Samsung andthe company will try its best to launch it before time to curtail the damagesto the profitability of the mobile business division.

For Unparalleled coverage of India's Businesses and Economy – Subscribe to Business Today Magazine

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