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According to the Thomson Reuters survey, market analysts believe that the company will increase its profit by only 5.5 percent next year. The reason for this is that Samsung will bring in a ton of one-time-only money in 2017 as a result of the booming memory chip market. Because of the increased demand for DRAM and NAND chips, prices have been going up, which is why the memory industry will generate 32 percent more money this year than in 2016.

But that will soon change. Next year, the production capacity of memory chips worldwide is expected to increase, which will bring the prices down quite a bit. Therefore, the industry’s revenues will only increase by 3 percent next year. Top Tech Companies

If Samsung wants to maintain its growth, it will have to increase sales of its other products, including smartphones. So far, things are moving in the right direction. Despite the Galaxy Note 7 fiasco that has damaged the company’s reputation, the Galaxy S8 and S8 Plus are doing extremely well with a new pre-order target of one million units set. Top Tech Companies


In South Korea, the flagship devices received 550,000 pre-orders in just the first two days and that number has now risen to almost three-quarters of a million with a week to go. The S8 series is selling a lot better than their predecessors, which received just 100,000 pre-orders in the same two-day time period last year.

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The story is very similar in the US. Top Tech Companies Samsung has announced that the number of Galaxy S8 and S8 Plus pre-orders in the country is a lot higher when compared with those of the Galaxy S7 and S7 Edge. The exact numbers weren’t mentioned, but the company did say that the rise in demand is in double digits.