Samsung expects record sales of Galaxy S6 – Newspaper The Republic (Costa Rica)

 Samsung Electronics Co. expects the pair of smartphones Galaxy S6 just launched the record sales mark.
 Analysts predict that shipments could reach 55 million this year, which would help the company overcome a recent emergence of Apple Inc.
 Galaxy S6 demand Edge, which has a screen that folds for both sides, probably outstrip supply as the company works to make enough flexible displays, said co-CEO, Shin Jong Kyun. The other model has a traditional flat screen and cost less.
 Optimism for the new high-end devices fed up of Samsung shares as investors expect that the new designs draw the attention of consumers and using its own processor and modern chips from Samsung boost margins profits from the components.
 The new phones were launched in 20 countries including the US, the UK and Germany, while sales in China will begin on April 17th.
 “The S6 is the best phone manufactured by Samsung in terms of design or specifications,” said Keon Han Credit Suisse Group AG in Seoul, one of the best rated analysts who follow the action from Samsung. “The market, traders and consumers to agree that the new phone from Samsung is different from previous models.”
 They expected the company to sell 50 million units this year, paving the way for a rise in profits.
 “Considering the market response, consumers and traders expect the S6 has record sales compared to the previous S series,” said Lee Sang-Shul, executive vice president and head of Samsung Mobile Sales.
 Lee did not say no deadlines or sales targets. Samsung will ship 49.8 million units this year S6, according to the average of eight analysts surveyed by Bloomberg. Analysts estimate that the company will conduct a 38.3 million unit shipments of S5 and S3 65 million released in 2012.
 IBK Securities Co. in Seoul predicts that Samsung could ship up to 55 million S6 models.
 Samsung shares rose 9.3% since the phone was first shown on March 1, totaling about $ 18 billion market value of the company. Apple lost about $ 16 billion in market value during the same period.
 Analysts improved earnings outlook for the three months ending in June and forecast that Samsung will shed its first profit increase in seven quarters. Samsung developed the design of the S6 and used more parties themselves to convince rival smartphone makers buy their chips and screens, analysts said.
 The new S6 models have 5.1-inch screens, which are among the screen size of the iPhone 6 and 6 Plus.
 “We expect Samsung to regain its position as the No. 1 seller of smartphones in the world by volume,” said Neil Mawston, executive director at Strategy Analytics. “Samsung did a great job in recovering from his failed launch of S5 2014″.
 For new devices, Samsung chose metal housings, finally catching up with the premium design used by Apple and other high-end producers.

  Bloomberg / The Republic