Initial Samsung production target is 10 million Galaxy S8 phones: media
Samsung Electronics Co Ltd (005930.KS) has set an initial production
target of 10 million Galaxy S8 smartphones, South Korea's Electronic Times
reported on Thursday, citing unnamed sources.Samsung is counting on the S8 to rejuvenate sales
after it scrapped the Galaxy Note 7 smartphones last year in one of the biggest
product safety failures in tech history.The firm has yet to disclose what caused some Note 7 phones to
catch fire on their own.The newspaper said the world's top smartphone maker would
start production in March and planned to start selling them in April. Galaxy S7
phones went on sale in March last year.A Samsung spokesman said the company did not comment on
speculation.
(Reporting by Se Young Lee; Editing by Nick Macfie)
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