Samsung will be launching a new device in the latter part of 2017 once all the furore about the Samsung Galaxy S8 and S8+ smartphones have started to cool.
Samsung’s profits were up last year despite all the problem with the Galaxy Note 7, which was prone to catching fire.
The Korean giant expects its mobile business to boost sales in the forthcoming months.
A statement from Samsung read: “For the mobile business, market competition is expected to intensify in the second half.
“Against this backdrop, the company will strive to maintain profitability through robust sales of the Galaxy S8 and S8+ and the launch of a new flagship smartphone in the second half.
“Moreover, Samsung will also look to sustain profitability in the mid- to low-end segment by launching new products and streamlining the lineup.”
The statement has fueled speculation that the new device will be the Galaxy Note 8.
The Note device has traditionally been released after the smartphone release so this has increased speculation that this is what the new device will be.
The Note 7 was recalled in 2016 after safety fears due to catching fire and the device was banned from many airlines.
The Note 7 was only released last August but within weeks all three million handsets had been recalled.
An investigation was launched to get to the root cause of the problem which later said to be down to ‘wonky’ batteries. This is believed to have cost Samsung around $5.3 billion (approx. THB180 billion)
Last week, Samsung confirmed its new flagship smartphones, the Galaxy S8 and S8+ will go on general sale in Thailand from May 5.