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Samsung scripts new 'Note' for global premium smartphone market

Press Trust of India  |  New York 

South Korean today unveiled its flagship 'Note 9' to strengthen its play in the global premium devices market, a category where it competes head-on with rival

The company is likely to introduce the 'Note 9' in the Indian market later this month. In the Indian market, Note 9 will compete head-on with Apple's iPhones as well as OnePlus' among other

Earlier this year, had unveiled the latest edition of its other flagship S9, priced at Rs 57,900 onwards.

"The 'Note' has always been our showcase for premium and industry defining innovations. It's designed for a level of performance, power and intelligence that today's power users want and need," DJ Koh, of IT and Mobile at Electronics, said.

The Note 9, unveiled at the Centre here, will be available in select markets from August 24, 2018. It, however, has not revealed the price of the device.

It features 6.4-inch display, 12MP dual rear and 8MP front camera and 4,000 mAh battery. It will have two variants -- 6GB RAM/128GB internal memory (expandable up to 512GB) and 8GB RAM/512GB internal memory (expandable up to 512GB).

Samsung has incorporated capability in its signature S Pen stylus, which can be used to control music playback and camera shutter.

Besides, the company has also added (AI) features to enhance camera capabilities.

Globally, the premium market accounts for almost one-fifth of the total market. According to Counterpoint Research, Samsung's Note series contributes to roughly one-tenth of the global premium smartphone market.

Players like Huawei, OnePlus and Vivo are attempting to make in-roads into the burgeoning category.

The premium smartphone segment in is niche but mirrors global trends in terms of growth. While the category accounts for less than 10 per cent of the Indian market in terms of shipment, the value contribution is higher. Estimate suggest that quarterly smartphone shipments in the category range between 1-1.5 million units.

According to market watchers, Samsung is betting heavily on the success of its flagship devices in India, which is among the largest smartphone markets globally.

Samsung is expected to assemble the Note 9 for the Indian market at its new facility in Noida, which was inaugurated last month. The company claims that the facility, which has been set up with an investment of Rs 5,000 crore, is the world's biggest smartphone factory.

The company has also launched its Watch as well as voice-assistant Bixby-powered speakers - Home.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, August 09 2018. 22:36 IST