High-end smartphones account for just 29% of Samsung’s sales

Samsung’s high-end smartphones are not doing well as a new media report revealed that the company’s top-of-the-line handsets accounted for merely 29 per cent of its total mobile sales in the first quarter of this year.

Data compiled by Hana Financial Investment and reported by the Korean media form The Investor showed that the first time sales of the Samsung Galaxy S and Note handsets slipped under 30 per cent of the company’s total sales.

After the release of the Galaxy S4 in 2013, Samsung’s sales of high-end devices had reached 75 per cent of total sales. But, these devices’ share has steadily been declining ever since, falling under 40 per cent in 2015.

The disheartening report has surfaced just a couple of days before Samsung’s official release of the Galaxy S8 smartphone, which will reportedly come equipped with an enhanced protection plan under “Samsung Guard S8” program.

Details of the Galaxy S8 smartphone and its features and services will be announced on the 29th of March, when the Korean manufacturer will unveil it officially.

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