Visitors Now:
Total Visits:
Total Stories:
Profile image
By SiteProNews (Reporter)
Contributor profile | More stories
Story Views

Now:
Last Hour:
Last 24 Hours:
Total:

Galaxy Note Brand Will Not Be Shelved

Monday, October 24, 2016 7:33
% of readers think this story is Fact. Add your two cents.

(Before It's News)

Samsung obviously has no intention of giving up on its Galaxy Note brand.

galaxy-note-7The company, according to Reuters, is offering South Korean Note 7 owners the option of upgrading to a Note 8 at 50 percent off the regular price when the devices become available at some point next year.

The move comes as Samsung scrambles to retain customers after the disastrous Note 7 launch. The company announced its decision to permanently end production of the Galaxy Note 7 earlier this month after several of the supposedly safe replacement Note 7s caught fire.

The problem began when Samsung launched the Galaxy Note 7 back in September. Not long after launch, reports began flowing in of batteries exploding and devices catching fire. The company was forced to launch a worldwide recall of the device and offer replacements — but those replacements came with the same issue.

It is not known exactly how much money Samsung has lost over the battery debacle, but a Reuters report indicated it could be as much as $17 billion. The company’s market value has also suffered and polls have indicated consumers were losing interest in the Galaxy brand.

Samsung’s most recent announcement, however, indicates the company is not throwing in the towel on the entire Galaxy brand; its reduction offer on future Note 8 phones is proof of that.

Samsung was vague about if it will extend the same half price offer to Galaxy Note 7 owners in countries beyond South Korea saying it would depend on the “situation” in each country.


avatar

Jennifer Cowan is the Managing Editor for SiteProNews.

The post Galaxy Note Brand Will Not Be Shelved appeared first on SiteProNews.

Report abuse

Comments

Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories

Register

Newsletter

Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.