Samsung Announces Upgrade Program for Galaxy Note7 Users

A customer uses his Samsung Electronics' Galaxy Note 7 as he waits for an exchange at company's headquarters in Seoul, South Korea, October 13, 2016. REUTERS/Kim Hong-Ji

Samsung Electronics is putting forth an upgrade program alternative to Galaxy Note 7 customers in South Korea who exchange their reviewed gadget for a Galaxy S7 telephone, denoting its most recent endeavor to hold customers. 

In an announcement on Monday, Samsung said customers who exchange their Note 7 phone for either a flat-screen or curved-screen version of the Galaxy S7 can exchange up for a Galaxy S8 or Note 8 cell phone launching one year from now through an upgrade program.

The Galaxy Upgrade program has just been reported for clients in South Korea. It's indistinct if the organization is going to dispatch a comparable pay program for Galaxy Note 7 clients somewhere else.

The world's top smartphone creator for all time finished Note 7 deals because of proceeded with reports of fire from the flagship device. Notwithstanding offering discounts or trades for a Galaxy S7 cell phone, Samsung has as of now offered money related motivating forces adding up to 100,000 won ($88.39) to influenced customers in South Korea. 

Customers in the upgrade program should pay just only half the price of a Galaxy S7 device,, instead of everything, before trading to the S8 or the Note 8, Samsung said. 

In offering the Note 8 upgrade choice, Samsung in a roundabout way strengthened past explanations that the Note arrangement won't be suspended. The organization said the accessibility of such a program in different markets will be reliant on the circumstance in every nation. It didn't detailed. 

Samsung has ventured up showcasing and advancement for its Galaxy S smartphones to attempt to compensate for a portion of the lost deals. The Note 7's fall is now costing Samsung $5.4 billion won in working benefit between the second from last quarter of this current year and the main quarter of 2017.