14 DAY TRIAL // A new wave of rumors about the Galaxy S8 have just made the headlines, as Samsung now holds an internal meeting where it discusses its smartphone global strategy.
Obviously, the main subjects are the upcoming launch of the Galaxy S8 and the investigation of the cause of Galaxy Note 7's explosions, which could have a negative impact on Samsung's brand image.
After reporting about the rumor regarding the delay of the Galaxy S8 announcement into April, we now have more information about Samsung's next flagship.
According to Goldman Sachs, Samsung could increase the Galaxy S8's retail price by 15-20% due to the higher raw material costs. Although the upcoming flagship might use the same materials as the previous models, it appears that the high-demand increased their prices.
Another major factor that should be taken into consideration is the improved hardware that Samsung plans to include inside the Galaxy S8, as well as the addition of its new AI digital assistant.
However, Samsung upgraded its Galaxy S series each year and the price of its flagships didn't increase that much over the years.
Although Goldman Sachs is a reputable financial institution, we doubt that the fact that Samsung will upgrade the Galaxy S8's specification will have any impact on the phone's final price.
The only thing that could lead to a slight increase in price is the increased costs of the raw materials that Samsung will use in Galaxy S8's manufacture.
That being said, keep in mind that these predictions aren't really made for consumers, but for business companies that might want to invest in the smartphone industry (or have already invested).
Also, different analysts and financial companies have different views on Samsung's smartphone business, so some of these forecasts could be way off. Take this with a grain of salt until further notice.