Samsung sells over 10 million Galaxy S8

Samsung Galaxy S8 marketing
Samsung Electronics has sold over 10 million of its Galaxy S8 and S8 plus smartphones in less than a month.

Samsung S, the first device of the smartphone series, had taken seven months to achieve the same numbers.

South Korean Chosun Ilbo daily published the figures citing sources from Samsung, who refused to confirm or deny the figures to EFE news on Wednesday.

The new models of the Galaxy S series went on sale on April 21 in South Korea, Canada and the US and subsequently in other markets, including Europe, and will be launched in China on Thursday.
Samsung Galaxy S8 in India
The company is planning to launch the smartphone in around 120 countries by the end of May.

According to analysts, given its current success, the S8 could end up surpassing the 50 million units its predecessor – the Galaxy S7 – sold.

Meanwhile, pre-orders for Galaxy S8 exceeded one million in South Korea, where 260,000 units were sold on the first day of its release, according to the report.

Meanwhile, Apple iPhone 7 has emerged as the worlds best-selling smartphone model in the first quarter of 2017, with an estimated shipment of 21.5 million units that captured six percent market-share worldwide.

Global smartphone shipments have grown 11 percent in the first quarter of 2017, logging 375 million units.

Smartphone shipments in India registered a growth of 15 per cent annually in the first quarter of 2017, reaching 29 million units.

South Korean giant Samsung Electronics regained the top status in the global smartphone market in the first quarter of the year, even before the release of its flagship Galaxy S8.

Samsung India in April brought its flagship devices Galaxy S8 and Galaxy S8+ for Rs 57,900 and Rs 64,900, respectively.

Despite Galaxy Note 7 fiasco and a corruption scandal involving top brass, Samsung Electronics predicted that its first-quarter operating profit for this year advanced 48.2 percent on-year.