Galaxy S8 and Galaxy S8+ have earned an impressive number of preorders and sparked hopes that they will make up for the fiery Galaxy Note 7 fiasco from past year. Though the Galaxy Note 7 disaster dealt a heavy blow to the company’s finances and reputation, it’s gradually recovering finally.
The benchmark Korea Composite Stock Price Index (KOSPI) closed at 2, 205.44 points on Friday, the highest level in six years, sharply up from 2, 165.04 points a week ago, aided by a continued rise in Samsung Electronics and foreign investors’ buying spree. This means that the recycled Galaxy Note 7 R’s name, technical specification, features and price range will be announced once the device is available. "The company will aim to improve performance YoY by maximizing sales of the Galaxy S8 and S8+ and successfully launching a new flagship smartphone in the second half", Samsung said in a press release. The launch of the new flagship is set for the second half of the year, and the company seems to have enough time in hand to make sure the new flagship stands out in terms of performance, specs and well, safety. The upcoming recycled Galaxy Note 7 will go on sale as the Galaxy Note 7 R with a cost price of around 700, 000 Korean won. It is upon Samsung to ensure the new Galaxy Note smartphone doesn’t explode literally, but carry forward the legacy of the successful Galaxy Note series with exploding sales. Reports of a Galaxy S8 red tint on the display and some Wi-Fi connectivity issues cooled off some of the enthusiasm, but it’s expected to pick back up as Samsung releases software fixes.
In January this year, Samsung’s mobile chief DJ Koh broke the news for Samsung fans that the company will be releasing the sequel to last year’s Galaxy Note 7 despite its infamous debacle that caused a huge amount of damage to the Glaxay brand.
The company is now expecting strong results for the second quarter as well, mainly banking on the success of its latest flagship smartphones. The Galaxy S8 is even considered as the best Android device at present. The previous highest came in 2013 when the company reported full-year operating profit of 36.79 trillion Korean Won.
Samsung also decided that the voice-activated personal assistant Bixby will only be available in the US later this spring.