Samsung is planning to release Galaxy Note 7 on the 2nd of August, when 2016 Rio de Janeiro Summer Olympics (8/5) is taking place. Considering the fact that its previous model, Galaxy Note 5, was released at the end of August, release date of Galaxy Note 7 was pushed forward about a month. It is predicted that LG V Series will be released early September. Its previous model, V10, was released during October of last year and while V10’s next model’s name is not decided yet, there is a higher chance that it will be ‘V20’ instead of ‘V11’.
Industries believe that earlier release date of Galaxy Note 7 is to carry on positive responses from Galaxy S7. “Samsung Electronics can occupy Smartphone markets during second half in advance if it continues positive performance from Galaxy S7 onto Galaxy Note 7.” said a representative for a telecommunication industry. “Samsung has conditions to secure supplies until the 2nd of August.”
Since Samsung is an official partner of Rio Olympics in wireless field, it can definitely benefit from marketing if it releases Galaxy Note 7 according to schedule of Summer Olympics.
Samsung Electronics’ Galaxy Note 7
Industries believe that LG is releasing V20 (tentative name) earlier since its popularity can be dominated by Samsung and Apple’s new phones if it is released in October. “Although V10 was released in October of last year, there is a high chance that its next model will be released a month earlier this year.” said a representative for an industry. “It can fall behind of Samsung and LG if it is released late.” However if LG pushes forward its release date, it is inevitable for LG to go head to head against Apple since it is likely that iPhone 7 will be released in early September if Apple’s consistent pattern on release dates is considered.
It seems that release dates of Samsung and LG’s new products are getting pushed forward by a month every year in past 3 years. Galaxy Note 4 and Galaxy Note 5 were released on the 26th of September in 2014 and the 21st of August in 2015 respectively. Galaxy S7, Galaxy S6, and Galaxy S5 were released on the 11th of March in 2016, the 10th of April in 2015, and the 11th of April in 2014 respectively. Looking at G series instead of V series that was first introduced last year, G3, G4, and G5 were released in end of May in 2014, end of April in 2015, and end of March in 2016 respectively. Apple’s iPhone series were introduced in early September consistently.
Unlike Apple, Samsung and LG are releasing their new products early in order to survive in competition for timing. “It has become important for Smartphone manufacturers to put out more new models as markets for Smartphones are now based on competition for speed.” said Professor Chang Seok-kwon of Hanyang University. “Unlike Apple that receives parts from outside companies, Samsung and LG have advantages in adjusting their release dates since their affiliates take care of manufacturing processes.”