Samsung (SSNLF) is moving past the Note 7 recall disaster from this past fall with the release of the positively reviewed Galaxy S8 on Friday, and a number of suppliers stand to benefit from the expected success of the smartphone.
On Friday, Galaxy S8 and Galaxy S8 Plus were officially launched in Korea, the U.S. and Canada, 20 days after they were unveiled in NY on March 30.
Last week, the company said it was targeting 1 million pre-orders for the phone in its home country.
The South Korean company suffered a serious setback in its smartphone business past year following the suspension of sale of its Galaxy Note 7 phablet due to battery problems.
The analyst expects Samsung Electronics to post an operating profit of 12.5 trillion won ($11 billion) in the second quarter of this year, up 54 percent from a year ago, amid the S8's rosy sales outlook.
Earlier this week, many users belonging to the hub of Samsung, South Korea, started posting images of the reddish tint S8 screens on local and global social media platforms.
"The latest salvo from Samsung shows how it's keen to regain consumer confidence and attain leadership in the smartphone landscape, a almost saturated but still highly competitive space that remains key to retaining subscriber loyalties and winning new converts", IHS Markit said.
Samsung Finally starts rolling out the Latest Android 7.0 Nougat update on its Galaxy S6 and Galaxy S6 Edge in India.
Lastly, Google Play Music will work with Bixby, Samsung's new digital assistant on the Galaxy S8. Some customers in South Korea-where preorders of the new phone became available Tuesday-are already complaining that their screens have a red hue.
"If needed, users can manually adjust the colour range of the display to change the appearance of white tones, through "Settings - Display - Screen Mode - Colour balance". The Galaxy S8 and S8+ provide heightened security and privacy, with biometric authentication, including fingerprint scanner, iris scanning technology, and facial recognition so users can quickly and effortlessly unlock their Galaxy S8 or S8+, offering users more authentication options that can be used interchangeably", Lee explained.
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