Samsung’s new Galaxy S8 went on sale over the counter in South Korea Friday as the world’s biggest smartphone maker seeks to move on from a disastrous handset recall and corruption scandal that has hammered its once-stellar reputation.
Shares in Samsung Electronics jumped more than 2.5 percent Friday, adding around $7 billion to its market capitalization.
Samsung could break the record 48.5 million unit sales it achieved with its S7 series, he added.
When Samsung unveiled Galaxy S8 and S8+ in New York last month, it said the new handsets would mark a “new era of smartphone design”.