Samsung is about to release its latest device, the Galaxy S8 Smartphone. There have been a lot of speculations on what the device will look like. Previously, the tech giant has presented well-designed phones of sleek shape. All these and other many notable features have made it impossible to ignore Samsung’s devices. Is Samsung seeking to outshine Apple Inc. (NASDAQ:AAPL)?
The new Galaxy S8 is likely to go toe-to-toe with Apple’s iPhone 7
The launch of Samsung’s Galaxy S8, being dubbed ‘Samsung Unpacked’ will be held in New York from where the gadget fans are expected to have a full view of the phone. While rumors indicate that the new device is likely to feature enhanced capability, sources reveal that it may have some similarities to Apple’s iPhone 7.
However, there are obvious changes from last year’s S7 and S7 edge. Early pointers imply that it will come in two different sizes; the 5.1-inch and a 5.5-inch model. However, it is still not clear whether or not they will feature a curved screen like the S7 and the S6.
Another mentionable feature is the Exynos chipset, which also exists in Galaxy S7. Nonetheless, this is expected to be available in particular regions while the rest will have to count on Qualcomm’s Snapdragon 835 processor. Another rumor hints that the new Galaxy S8 Smartphone will have 6GB of RAM.
But the growth of the Smartphone market has slowed
Apparently, the price for Samsung’s new device remains under lock and key as nothing much is being said about it. However, its entry into the market comes at a time when Smartphones are not doing so well in terms of growth.
Every manufacturer is seeking to make a killing from every customer. The market has also become competitive as the need for more storage memory increases.
An analyst at Counterpoint Research, Neil Shah cites, “Samsung could also start higher and bundle some accessories at launch to raise the value proposition in select markets, so that price increase will average out.” Meanwhile, Apple’s stock closed at $140.88 witnessing an increase of $0.24 or 0.17%.
