Wednesday, August 24, 2016

Samsung / Galaxy Note 7: logistics problem – Le Figaro

The new Galaxy Note 7 sparked greater demand than expected, raising some logistical problems, on Wednesday said Samsung Electronics. “Reservations for the Galaxy Note 7 have exceeded our forecasts, its launch date in some markets has changed,” said Samsung Reuters, without elaborating.

Problems of production had led curved screens on disappointing sales of the Galaxy S6 Edge smartphone last year and some investors fear that history repeats itself if Samsung does not react quickly. The action of the South Korean group lost 2.2% in Seoul Stock Exchange, whose Kospi index yielded 0.3% at the same time. An informed source told Reuters there was no problem producing curved screens Galaxy Note 7 and logistical problems would not last. Samsung could sell up to 15 million handsets Galaxy Note 7 this year, said CW Chung, Nomura analyst, against nine million Galaxy Note 5 that would have been passed last year.

The Galaxy Note 7 is on sale in South Korea and the United States since 19 August. Samsung hopes the handset, which has received good reviews, allow it to maintain its sales momentum and results in the second half. Indeed, analysts raised their forecast results due to the good reception of the phone.

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