The Damages Caused By 'Galaxy Note 7' To Samsung, How Severe Is It?
September 2016 marked a very tough month for the South Korean tech company, Samsung. Thanks to the exploding battery issues with the recently discontinued Galaxy Note 7, Samsung was forced to issue an expensive global recall to compensate for the problem. The solution didn't work so well and a second recall was initiated, along with the production of the handset ending. The Note 7 was projected to be one of the biggest-selling smartphones of the year. Instead, it became a major problem that Samsung had to discontinue it once and for all.
Note 7 failure took a huge hit on Samsung
There's certainly been a massive financial hit to Samsung's yearly sales. It's important to know that recalls are expensive, and has no commercial upside. Samsung's losses on the Note 7 failure could go as high as one billion dollars. This can be expected to reflect over two or three-quarters of financial reports from the South Korean company.
Other problems & beneficiaries
There's also the major loss in income from not having the Galaxy Note 7 on sale. The phablet was expected to match or exceed the overall sales of the recent Galaxy S7 and S7 Edge. With the Note 7 officially removed from the market, there was room for other competing companies to pick up on potential sales. Google's Pixel XL was one of the obvious beneficiaries with a lot of analysts and phone experts promoting it as an alternative.
Samsung is slowly recovering
While the short-term financial damage is not welcoming at all, Samsung is slowly getting up from its major collapse from the Note 7 failure. The company is not losing the amount of ground to the competition that most have thought. With the next flagship launch of the upcoming Galaxy S8 still some months away, it is definitely a positive sign for Samsung's management that the Note 7 damage will not last long and will weather off once the S8 will officially be released.
What Is The Samsung Galaxy S8 'All-Screen Design'?
One of the biggest questions of 2017 will be how Samsung recovers from its disastrous Note 7 failure, and Google's triumphant Pixel launch this year. It seems that the company's direct answer is to push the boundaries of design with the next upcoming Galaxy S flagship phone, which, according to reports, will be featuring an "all-screen" design.
Will The Samsung 'Galaxy S8' Imitate The 'iPhone 8' Design And Functionality?
According to several online reports, Samsung could potentially follow the Apple's paths and be on the verge of planning to ditch the headphone jack on its upcoming Galaxy S8 smartphone. If so, it would definitely force users to adopt to wireless headphones, or potentially utilize a USB Type-C compatible pair, if that's what the new handset will use for charging.
Samsung Will Finally Release Official Statement Regarding 'Galaxy Note 7' Explosions
The Samsung Galaxy Note 7 was considered as a worldwide success when it officially launched a few months ago. The company was able to ship an estimated 4.3 million units worldwide. It seemed like smooth sailing for Samsung, who had the winning formula with its Note series but then reports started spreading about the Note 7 blowing up. Samsung has then issued an official statement regarding the said explosions
Samsung Galaxy S7 Phones Are Now Exploding, Says Mechanic Owner
Samsung's nightmare isn't over just yet. After slowly moving on from their disastrous Note 7, recent reports have pointed out to a Winnipeg man claiming to have been burned not by the Galaxy Note 7, but by a device that's been one of the most steady devices that Samsung has right now: the Galaxy S7. Amarjit Mann said that while he was driving in Winnipeg Sunday morning, he started to feel something warm in his pocket. He took out the Galaxy S7 out in his pocket and instantly, the device exploded right away in his hands.
The 'Galaxy S8' Will Be Samsung's Key To Redemption; Latest Updates On Specs, Release, Price And More Unveiled
The upcoming Galaxy S8 gives Samsung the opportunity to lure buyers back to the brand known for its exceptional technology. Samsung also has the power to make a truly great phone. The Note 7 was considered as one of the most impressive phones Samsung had ever made, but its faulty battery ultimately killed it. The question now is, will the Galaxy S8 have enough goods in its pocket to persuade shoppers who bolted after the Note 7 incident? And can Samsung win back its buyers' trust? The Galaxy S8 is still likely several months away from making its official debut, but leaks and rumors have already been heating up. Here are some of the most important rumors that we need to look on to.
Everything You Need To Know About Samsung's 'Galaxy S8' And 'Galaxy S8 Edge'
Samsung is once again proving to itself that it is still pretty much the best smartphone manufacturer in the world - as it will soon unveil its newest Galaxy flagship phones - the Galaxy S8 and the Galaxy S8 Edge.
Samsung 'Galaxy S8' To Feature Sleek Revolutionary Design And Super Advanced AI
Samsung's next gen flagship Galaxy phone would indeed be one of the best technological marvels man has ever made as it will feature a new sleek and revolutionary design matched with a super advanced AI.
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