Samsung is in meltdown mode after CEO Kwon Oh-hyun, who has worked at the company for 32 years, announced his resignation today, citing an “unprecedented crisis.”

Kwon Oh-hyun will officially step down as chief executive and vice chairman in March. The news comes not long after Samsung’s vice chairman was sentenced to five years in prison for corruption, the Galaxy Note 7 debacle, but also just as Samsung is projecting record quarterly profits.

Surprise, surprise; the rumors were true. Samsung will compete with Apple’s hottest new gadget.

In a new interview following the launch of the Galaxy Note 8 on Tuesday, Samsung mobile president DJ Koh confirmed the company is developing a smart speaker that will take on HomePod and Amazon Alexa. He also hinted that it will be announced “soon.”

Samsung today delivered its new Galaxy Note 8, and it’s bigger and better than ever.

With a stunning 6.3-inch Infinity Display, incredible new features, and the best smartphone specifications available right now, it’s going to prove to be tough competition for Samsung biggest rivals.

So how does the Galaxy Note 8 stack up against iPhone 7, iPhone 7 Plus, and the upcoming iPhone 8? Find out right here.

The Galaxy Note 8 has landed, and it’s ready and waiting to take on the next iPhone.

It is Samsung’s best smartphone to date, building upon the strong foundations laid by the Galaxy S8 series, and setting an even higher bar for new competitors.

It boasts everything you want in a modern smartphone and more, including a stunning Infinity Display, iris scanning, dual cameras like iPhone 7 Plus, and the beloved S Pen stylus.

The iPhone 7 Plus may be almost a year old now, but it’s still one of the most powerful smartphones you can buy today.

So powerful, in fact, that not even Samsung’s upcoming Galaxy Note 8 can outperform it in early benchmark tests.