A successful and innovative Galaxy S8 smartphone will be key to shifting attention away from Samsung`s current issues, putting the Note 7 saga to bed, and boosting sales and profit in its mobile division.
It`s always high stakes for the companies, but perhaps more than ever, the launch of the Samsung Galaxy S8 on Wednesday, and the anniversary edition of the iPhone later this year, could be the most important smartphone launches ever for both companies.
Phone launches follow a pretty similar pattern: Flashy press conference, excitement, pre-orders and the investing world keeping an eye on how well these devices sell.
The Galaxy S8, which has been extensively leaked, will be released following the Note 7 scandal last year, in which Samsung was forced to recall and eventually discontinued the handset after several caught fire.
That`s because it comes at a time when the smartphone market is saturating and after both companies have gone through testing periods.
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