Wednesday, October 12, 2016

Samsung Galaxy S7 production boosts to cover the loss from Galaxy Note 7



The Korea Herald reported that Samsung is now increasing production of the Galaxy S7 and lower-end smartphone models. “Samsung is planning to put more focus on the Galaxy S7 by ramping up production of the handset,” said an unnamed source for Korea Herald.

Samsung Electronics is increasing production of the flagship Galaxy S7 and lower-end smartphone models.  “Samsung is planning to put more focus on the Galaxy S7 by ramping up production of the handset,” said an industry source who wanted to be unnamed, adding that the increased production is to minimise the anticipated profit drop for the rest of the year following the sales suspension of the Note 7.

ALSO READ : Samsung permanently discontinues the Galaxy Note 7

An official from one of Samsung’s suppliers said, “We (the partner firm) will put more weight on rolling out parts for the Galaxy S7 and other models such as the Galaxy A8.”

The official said the partner company would move on and also try to focus on the project for Samsung’s Galaxy S8, the next flagship smartphone scheduled to be unveiled in 26 February next year.

Although rumours have gone viral in recent days that Samsung is preparing to advance the launch date of the S8, Samsung has not made any decision, according to industry sources. 

“Samsung has not given any notice whatsoever about the plan to push forward the launch date,” said another official from an electronic module maker which supplies its products to Samsung.

“The rescheduling would be possible only if Samsung ceases production of the Note 7 for good and takes no further measures to salvage the handset,” the official added. 



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