Samsung Galaxy S8 eclipses S7's pre-order record

(Reuters/Kim Hong-Ji)A Samsung Galaxy S8 unit is displayed during a media event in Seoul, South Korea.

With the way things have been going for Samsung, it is safe to say that the company has bounced back from last year's woes brought by their exploding phablet — thanks to the success of their recently-launched flagship smartphone.

According to a statement from Tim Baxter, President and Chief Operating Officer of Samsung Electronics America via a report from CNBC, the Samsung Galaxy S8 and S8+ have outpaced their predecessor in terms of pre-orders. "The Galaxy S8 and S8+ are a result of that recommitment and the market has responded – with a more than 30 percent year-over-year growth in pre-orders versus the record pre-orders we had with Galaxy S7, making it our best ever," Baxter stated.

The Samsung executive did not divulge any numbers but noted that it was "a privilege to make groundbreaking products that are enjoyed by millions."

The Galaxy S8 and S8+ were the Korean-based company's attempt at redemption after the debacle caused by last year's Galaxy Note 7 and its exploding batteries. Tech analysts and observers, as well as the public who purchased the problematic phablet, were all keeping watch on the new flagship smartphones upon its release to see if they will experience the same issues that they had with the Note 7. Despite all its spectacular features, the Galaxy S8 has yet to encounter any reports of overheating batteries.

The only reported concern so far involved its infinity display, particularly the small red tint that showed up in some units. Samsung, on the other hand, acknowledged the issue, tagging it as a software problem that can be corrected through an upcoming update.

Earlier this week, The Korean Herald said that Taiwan-based Yuanta Securities released a report saying that the Galaxy S8+ and its 6.2-inch screen will likely outsell the smaller Galaxy S8 model and its 5.8-inch screen. The firm projected the two Galaxy S8 models to sell 50.4 million units in 2017, with the S8+ model accounting for 53.9 percent or 27.1 million units.

The firm explained that their projection is based on the growing public demand for smartphones with bigger screens and larger displays, which equate to better gaming and viewing experiences.