Is Samsung on verge of becoming next Nokia?

Posted By : Kishore B.S

Years ago when Nokia was the big name in Mobile Phones Industry, Samsung from nowhere grew to became a monster and leader in smart phones business, and did become the market leader since then, their famous models include Samsung Galaxy 1, 2, 3, 4, 5, 6 & 7 & Samsung Galaxy Note 1, 2, 3, 4, 5 & 7 which has been the premium phones under their offering and also called as flagship products.

YoY they have been launching new models with the betterment of features and change in looks, but this years Samsung Galaxy Note 7 has been in news for bad reasons, which is like phone catching up fire and going up in flames. This has created lots of bad impression for the company and their products, the same has been barred by almost all the airlines across the world and passengers and not allowed to carry one along in the flights, they are few airlines who have declared penalty/fines for passengers who carry these phones to the air craft.  The company did take lots of measures to replace the handsets with the new ones, but the same also happened to face the same problem.

Now this has big way impacted the sales of their flagship phones and some where Apples IPhone 7 & 7Plus haven been making good hey of this situation. If Samsung continues to loss it market share and with not any innovative phones the same could become the next Nokia 🙂

 

Cheers!!
Team SMI

 

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