Unsurprisingly, Samsung’s latest flagship handset, the Galaxy S8 has proved to be a huge success in its home market of South Korea. According to latest reports from Korean media, Samsung has received more than 1 million pre-orders for the Galaxy S8 over the past 10 days. Pre-orders for the Galaxy S8 were opened in South Korea on April 7th, roughly a week after its official unveiling on March 29th. It will be available in stores in the country starting April 21st.
According to South Korean carriers, the Galaxy S8 has proved to be the most popular new smartphone yet in the Country. The Galaxy S8 is in fact the first smartphone to cross 1 million pre-orders. Sources have added that Samsung is aiming to sell more than 60 million units of the Galaxy S8, up from 52 million unit sales of the Galaxy S7. Analysts seem quite optimistic too, as Counterpoint Research has recently predicted that Galaxy S8 sales will cross 50 million units this year alone. However, it still remains to be seen how many customers who have placed a pre-order actually end up buying the Galaxy S8. Last year, around 70 percent preorder customers ended up purchasing the device, so carriers are expecting the figure to be around the same for the Galaxy S8. With no formidable rival in sight, the Galaxy S8 should have no problems attracting customers in South Korea as well as other major markets around the world, at least until Apple releases its new iPhones in September.
Even though the Galaxy S7 and Galaxy S7 Edge were quite popular last year, the iPhone 7 actually managed to outsell the Galaxy S7 duo by a significant margin. However, going by the initial response in South Korea, the Galaxy S8 could prove to be a stronger rival to the 2017 iPhone models. Samsung will also be launching the Galaxy Note 8 later this year, which could potentially lure many customers away from the iPhone 7s Plus or the rumored iPhone 8 10th anniversary edition.