Last year, Samsung had to deal with its Galaxy Note 7 device being prone to producing fires at inopportune times. In 2017, the global memory chip leader will announce its best quarterly profit in more than three years. What a difference that nine to twelve months makes for the South Korean company to recover? First quarter operating profit will be $8.8 billion, and the semiconductor business sales is the main product/component for the great profits. Sales of the company's mid to low tier smartphones also helped the mobile division stay profitable. Eleven days ago, the Samsung Galaxy S8 smartphone was launched in NYC. The new smartphone will hit the market globally on April 21. Without a doubt, there will be a huge wait for this new premium device.
Next, researchers are foreseeing that the S8 will set a new first year sales record. The Galaxy S8 will have the largest screen (5.8 in.) for its high end smartphones ever. Android version 7 will be the OS for this new smartphone. Let's discuss more facts about Samsung, and the Galaxy S8 product. Samsung is South Korea's biggest family run conglomerate. The multifaceted company makes TVs; smartphones; refrigerators, laptop computers; among other products. On the back of a memory chip super-cycle, the company and its main rivals should produce very high profits for the first quarter.
In addition, Samsung is releasing the Galaxy S8+ in China and South Korea. This new smartphone will battle the Apple Iphone 7 plus product in the second quarter of 2017. The Galaxy S8 smartphone should be available to most Samsung mobile phone customers by June, or July 2017 in the US. The phone will supposedly cost $750-$850 in the US, if you buy it new. The mobile smartphone wars between Apple, and Samsung are heating up in the second quarter and beyond. Enjoy the picture of the new Samsung Galaxy S8 smartphone. It looks pretty slick to me.
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