investors / Smartphone Shake Up: Samsung Slips, China Expands, iPhone 8 Pending / 2016-11-21

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Smartphone Shake Up: Samsung Slips, China Expands, iPhone 8 Pending


Smartphone Shake Up: Samsung Slips, China Expands, iPhone 8 Pending
Samsung's PR disaster with its fire-plagued Galaxy Note 7 smartphone wasn't just an unfortunate design flaw.It was a case of very poor timing.It's been more than a month since South Korea-based Samsung announced that it was permanently discontinuing production and sale of the Note 7 smartphone after scores of units overheated or caught fire because of defective batteries, and some of its replacement handsets given out during a massive recall had the same problem.


Samsung Takes a Big Hit in the Smartphone Market


Samsung Takes a Big Hit in the Smartphone Market
This device has been a nonstop headache for Samsung.Image source: Samsung.Continue Reading BelowSouth Korean conglomerate Samsung (NASDAQOTH: SSNLF) already reported that third-quarter earnings took a massive hit following the global recall and subsequent discontinuation of the Galaxy Note 7.


Only Top Chinese Smartphone Vendors Mark Gains in Q3 2016 as both Samsung and Apple Tumble


Only Top Chinese Smartphone Vendors Mark Gains in Q3 2016 as both Samsung and Apple Tumble
A newly published statistical report from Gartner this week noted that Worldwide sales of smartphones grew by 5.4 percent year over year.While that was positive news, it was only positive for the top Chinese smartphone vendors who reaped all of the gains while Apple and Samsung sales fell for the quarter.Samsung suffered its worst decline in smartphone sales falling 4.4% in a single quarter due to the recall and discontinuation of their Note7 smartphone line, yet held on as the number one smartphone vendor for Q3.


Samsung Galaxy S8 Will Probably Be The Fastest Smartphone In 2017


Samsung Galaxy S8 Will Probably Be The Fastest Smartphone In 2017
Samsung confirms it is working with mobile experts Qualcomm on a super-fast chip which could appear in its next smartphones, The Samsung's new Galaxy S8 could feature a super-fast processor.(Photo by David Ramos/Getty Images)Samsung ought to do with good news after the disaster of the exploding Note 7s took the shine off what was once heading for a fantastic year for the firm.The Galaxy S7 part is the great phone of the 12 months and the Note 7 was also predicted to win a host of awards before it used to be pulled from sale.Now Samsung looks to be questioning about the future and its Galaxy S8 may want to be something special.Not only is the S8 anticipated to function a higher screen, improved camera, and curved show but it should additionally be the quickest Android phone ever made.Samsung has simply tested that it is helping out with the modern pinnacle cellular processor from Qualcomm.






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