Yesterday according to a report out of South Korea, it was suggested that pre-orders of the Samsung Galaxy S7 and S7 Edge in South Korea were weaker than their predecessors, the Galaxy S6 and S6 Edge. It was a bit odd given that Samsung’s new phones pack quite a punch, and Samsung has since come forward to refute said claims.
According to Koh Dong-jin, president of Samsung’s handsets business, he claimed that the pre-orders of both smartphones are actually stronger than expected. He also goes on to state that based on this, he expects that the company’s new smartphones will help to revitalize sales over in China, a market in which Samsung has been lagging behind in namely due to local Chinese companies who have no problems competing purely on price.
Unfortunately Koh did not provide any numbers which we guess we will probably have to wait until later. That being said, it is possible that maybe the earlier report could still be accurate. Perhaps overall pre-orders are stronger than expected, but just maybe in some markets Samsung isn’t doing as well as they hope, while at the same time performing better than expected in other markets, like China.
The smartphone market has pretty much matured and Samsung won’t be alone in experience sales slumps. Analysts have already predicted that even Apple will start to experience a decline in sales.
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