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
- 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.
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.
ALSO READ: Samsung Note 7 tragedy: Everything you need to know
The Galaxy S8 series has already been spotted under thecodename 'Dream' and 'Dream2', which carry the model numbers SM-G950 andSM-G955 respectively. The numbering falls in line with the predecessor, Samsung Galaxy S7which was numbered SM-G930.
The new phone is rumoured to take the Apple-route with thenext flagship by removing the 3.5mm headphone jack to probably replace it with asingle USB-type C port.
Since there is noofficial report regarding the early release, the news should be taken with agrain of salt. Traditionally, Samsung releases the Galaxy S flagship during theMobile World Congress, held in the month of February every year.
ALSO READ: Apple iPhones receive massive discounts prior to Indian festive season
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.
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.
ALSO READ: Samsung Note 7 tragedy: Everything you need to know
The Galaxy S8 series has already been spotted under thecodename 'Dream' and 'Dream2', which carry the model numbers SM-G950 andSM-G955 respectively. The numbering falls in line with the predecessor, Samsung Galaxy S7which was numbered SM-G930.
The new phone is rumoured to take the Apple-route with thenext flagship by removing the 3.5mm headphone jack to probably replace it with asingle USB-type C port.
Since there is noofficial report regarding the early release, the news should be taken with agrain of salt. Traditionally, Samsung releases the Galaxy S flagship during theMobile World Congress, held in the month of February every year.
ALSO READ: Apple iPhones receive massive discounts prior to Indian festive season
For Unparalleled coverage of India's Businesses and Economy – Subscribe to Business Today Magazine