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Samsung Electronics to Exchange Galaxy Note 7 with New Galaxy S8

Samsung Electronics announced on October 21 a new compensation program for those who have purchased a Galaxy Note 7. Under this program, Samsung will allow those who exchange their Galaxy Note 7 with Galaxy S7 or Galaxy S7 Edge to exchange them again with a Galaxy S8, scheduled to be launched in March 2017 without paying much.

Samsung officials said, “The new compensation program is designed to make it easier for those who exchange their Galaxy Note 7 with existing Samsung smartphones, to shift into our next model coming in next year.”

They added, “We think this could an effective program since it also provides some incentives to smartphone vendors.”

The compensation program for the Galaxy Note 7 purchasers also strengthened the benefits of existing Galaxy Club members (monthly usage fee of 7,700 won).

The Galaxy Club is a program that allows those who purchase smartphones on a 24-month installment basis to return their used model in one year from the date of purchase and buy a new model without making the remaining installment payments.


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