Samsung: 17 Million Galaxy S7 by Q1


image - Samsung

Samsung plans to produce 17Million Galaxy S7 by it's Q1. Expectation are to achieve larger sales volume than the most successful products Galaxy S6 and Galaxy S4 during their Q1. Break down for the S7 production will be 9.9 Million by Galaxy S7 and 7.3 Million of Galaxy S7 Edges. 

In the Q1 Samsung sold 15.8Million Galaxy S6 and Samsung sold 15.2Million Galaxy S4 respective years. 

image - Share price of Samsung in KRX

However achieving sales target will be challenging with new Xiaomi's Mi 5 and other competitive products in the market. Water resistance feature will be a huge break through in this Galaxy S7 series.  

Source - ETNews