Currently, the deal is limited to customers in South Korea, and it's still unclear whether or not it will be launched in the United States or other markets across the globe. The company says the rollout hinges on the situation that a country is in, but it did not explain the details.
According to Reuters, consumers who participate in the program will have to fork over only 50 percent of the cost of the Galaxy S7 or Galaxy S7 edge when turning in their recalled Galaxy Note 7.
When the Galaxy S8 or Galaxy Note 8 becomes available, they will then be eligible to exchange the device they got for either one of the new flagships.
As mentioned earlier, this upgrade program more or less confirms that the Galaxy Note series isn't going to be scrapped anytime soon.
Interestingly enough, this could be considered as Samsung's plan to encourage Galaxy Note 7 customers to surrender their phablet, as many have been reported to still hold on to it despite the massive recall and risk of explosion.
As for the expected release dates of the company's new phones, the Galaxy S8 is said to launch in February or March, while the Galaxy Note 8 is believed to be released in August or September next year.
Samsung says (translated) the offer will last only until Nov. 30, and it will announce the specifics after it's done consulting with various carriers.
In the United States, the company is compensating Galaxy Note 7 owners with a $100 bill credit if they purchase another one of its smartphones and $2an
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