[ET NEWS] Samsung Electronics
has decided to call its upcoming refurbished Galaxy Note 7 as FE or “Fandom Edition,” multiple industry sources told ET News on May 16. The phone is expected to hit the Korean market in June.
“The name reflects consumer loyalty to the Galaxy series,” said an official from a local telecom carrier.
The refurbished version of the ill-fated Galaxy Note 7 had been rumored to be named the "Galaxy Note 7R." The name FE also seems to be aiming to shed the negative image of the fire-prone original phone, the official added.
“The phone is highly likely to hit the Korean market later June. The price won’t be lower than 700,000 won (US$621),” said another source who wished to be unnamed.
Currently, the Galaxy Note 5, the predecessor, is sold at 820,000 won, while the budget model A series is priced at about 500,000 won.
Samsung is planning to sell about 300,000 units of the FE phone through the nation’s three telecom carriers.
Sources said the phone is expected to sport a 3,200 mAh battery capacity and run on the Android 7.0 operating system. The original Note 7 featured a 3,500 mAh battery and the Android 6.0.1 OS.
The Note 7 debuted in August last year. Before its production and sales were suspended due to faulty batteries in October, about 4.3 million units of the phone were produced.
By Choi Jae-pil (email@example.com) (firstname.lastname@example.org)Powered by ET News and The Investor