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Galaxy S8 sales estimated at beyond 40 mln units: data

All Headlines 11:43 April 07, 2017

SEOUL, April 7 (Yonhap) -- The combined sales of Samsung Electronics Co.'s new flagship Galaxy S8 series, which will officially hit shelves later this month, is expected to surpass the 40 million unit mark, industry data showed Friday.

South Korea's brokerage houses estimated the sales of the Galaxy S8 and the Galaxy S8 Plus to be around 43-60 million units.

Eugene Investment & Securities Co. predicted the highest figure of 60 million, while Mirae Asset Daewoo Co. expected 51 million units. Samsung Securities Co., a financial arm of Samsung, forecast 45 million phones being sold overall.

"As for the Galaxy S models, we can say that a figure around 35 million units can be considered to fall below expectations, while that above 45 million is robust," said Hwang Min-sung, a researcher from Samsung Securities Co.

"This year's sales of the Galaxy S8 are not expected to beat the 48 million units posted by the Galaxy S7 last year," Hwang added.

Samsung Electronics Co.'s Galaxy S8 smartphone (Yonhap)

colin@yna.co.kr
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