"CNET" declare : Samsung sees Galaxy S8 boost but warns of competition ahead

"The Galaxy S8 and S8 Plus, which were launched on April 21, show robust initial sales," Samsung said in a press release. Still, the Galaxy S8 and S8 Plus should help boost revenue and profits sequentially. Samsung's ready for the Galaxy S8 to turn things around in mobile, but it's also worried about tougher competition later this year. Since the Galaxy S8 didn't go on sale until April, it's not included in the first-quarter results. But the Galaxy S8, which hit the market last week, should help Samsung's mobile business rebound in the second quarter.


as mentioned in Hands on with the Samsung Galaxy S8+ 1:25 A hands on look at the new Samsung Galaxy S8+ and its featuresBut the troubled Note 7 could come back as early as June, according to Korean news agency ET News, which reported the phone would be called the Galaxy Note 7R. But the smartphone, twice recalled after causing a series of fires, is unlikely to be sold in Australia and will feature a new, smaller battery. SAMSUNG appears ready to put its most controversial smartphone back on sale within weeks, and will reportedly relaunch the device under the Note 7 banner. More than 50,000 Note 7 smartphones were reclaimed from consumers in Australia, where Samsung later crippled the smartphones with software updates and forced them off local phone networks. After pressure from environmental groups including Greenpeace, Samsung committed to refurbishing and reselling some of the estimated four million Note 7 smartphones recalled from customers last year.

Samsung ready to relaunch Galaxy Note 7 with new battery, low price
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Samsung confirms Galaxy Note8 in quarterly financial report

In about as many words Samsung reaffirmed its commitment to launch the Galaxy Note8 later this year. The company warns of tougher competition ahead, so another flagship launch would help maintain profitability. Against this backdrop, the company will strive to maintain profitability through robust sales of the Galaxy S8 and S8+ and the launch of a new flagship smartphone in the second half. Samsung will strive to maintain profitability in its mid-range and low-end phone segments too, but mentions that the lineup will be streamlined (we do agree that the the A, C, E, J, On series could use a little trimming).

Samsung confirms Galaxy Note8 in quarterly financial report


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