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Samsung Galaxy Note 4 preorders sell out earlier than expected in Korea

September 23, 2014
The "Galaxy Note 4." Samsung Electronics plans to roll out the handset for the global market in October. (Courtesy of Samsung Electronics)

The Galaxy Note 4 (Courtesy of Samsung Electronics)

Samsung recently made a surprise announcement regarding an earlier-than-anticipated release of the Galaxy Note 4 – its latest flagship product. So far, it looks like it’s paying off.

South Korea’s largest carrier, SK Telecom, reports that its preorder supply sold out within nine hours. With a self-reported 50.3 percent market share in a particularly dense market, SK Telecom and its preorder sales figures illustrate a promising future for the Note 4.

Other major carriers such as KT and LGPlus reported the same results within 3 days of the Sept.18 prerelease date.

It is widely believed that Samsung’s strategy with the early release was meant to be a direct response to Apple’s iPhone 6 and iPhone 6 Plus release date of Sept. 19.

With a similar presale performance to the new line of apple products, the Note 4 is expected to help spark
Samsung’s recently stagnant domestic mobile device sales.