Galaxy S8, Galaxy S8 Plus European Pricing Details Leaked

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Samsung's reputation was severely tarnished when 2.5 million of its Note 7 devices had to be recalled, as some units spontaneously combusted.

Samsung will also borrow some of the major hardware components from its ill-fated Note 7 device that include the iris scanner which would allow for facial recognition capabilities.

Samsung is preparing to strike what is likely among the very final nails in the coffin for the Galaxy Note 7, the smartphone that caused a massive controversy for the South Korean company due to its exploding batteries.

"While the desire to minimise the environmental impact is admirable, and Samsung would no doubt benefit financially from refurbishing the phones, it would have been better off simply doing what it originally said it would and abandoning the line entirely and merely recouping parts", Dawson said in a blog post.

Coming on the heels of the ill-fated Note 7, the Samsung Galaxy S8 will undoubtedly be under great pressure to rebuild the brand's credibility and attract old and new consumers to their flagship smartphone line.

Samsung has millions of Galaxy Note 7 units lying in warehouses as it had to recall the units it had shipped after it made a decision to discontinue the handset merely weeks into the launch due to battery issues.

As for the smartphone itself, we know nearly everything relevant about it. Samsung will launch two versions of the device, the S8 and the S8 Plus.

Samsung said in a statement it will determine in which markets it will sell the refurbished Note 7s after discussions with relevant regulatory authorities and carriers. "Samsung and other IT companies such as Apple should manufacture phones that are easy to fix, refurbish, and upgrade". For this to happen, the firm says it needs to agree with regulators and mobile phone companies before it announces the locations and potential release dates for the device.

The Samsung Galaxy S8 and Galaxy S8+ could sport 5.8-inch and 6.2-inch Super AMOLED pressure sensitive displays respectively. Samsung switched battery suppliers and sent out new devices.

The latest S8 is expected to feature a larger-than-ever wraparound display and Samsung's first artificial intelligence assistant Bixby, among other things.