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(LEAD) Preorders for Galaxy S8 40 pct more than Galaxy Note 7 on first day

All News 23:23 April 07, 2017

(ATTN: RECASTS throughout with details)

SEOUL, April 7 (Yonhap) -- Preorders for Samsung Electronics Co.'s new flagship smartphone Galaxy S8 are about 40 percent higher than that of the Galaxy Note 7 in the first day of preorders, industry sources said Friday.

The estimate is based on preorders Samsung received from online and offline stores run by the country's mobile carriers as well as Samsung as of 6 p.m.

Galaxy Note 7 preorders hit 400,000 units from Aug. 6 to 18 last year.

Industry officials said the Galaxy S8 could break the previous preorder record set by the Galaxy Note 7, though the preorder period for the S8 is two days shorter than that of the Note 7.

The preorders will run through April 17, four days before the official sales of the Galaxy S8.

While the 5.8-inch Galaxy S8 comes with a price tag of 935,000 won (US$826), the device can be purchased for as low as 631,400 won considering discounts provided by mobile carriers. Similar benefits will also be given to its larger brother, the 6.2-inch Galaxy S8 Plus.

The new smartphones feature high-resolution displays that bend on both sides, innovative technologies such as iris and face recognition scanners, and a smart voice assistant program named Bixby.

South Korea's brokerage houses estimate the sales of the Galaxy S8 and 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.


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