Samsung Weighs Rebranding Strategy for Premium Smartphones
The tech giant is considering a shift from its iconic Galaxy branding to enhance its high-end market presence.
- Samsung is evaluating the introduction of a new brand for its flagship smartphones, potentially replacing or supplementing the Galaxy name.
- The move aims to better position Samsung's high-end devices against competitors like Apple's iPhone by creating a distinct premium identity.
- Industry analysts suggest that the broad use of the Galaxy brand for both budget and premium models may dilute its high-end appeal.
- Samsung's global marketing head hinted at CES 2024 that consumers expect a new name at an innovative turning point.
- The company is conducting internal studies to assess the potential benefits and challenges of this rebranding initiative.