​Samsung launches low-end Galaxy On7 in Korea

Samsung has launched a new low-end smartphone in South Korea amid a profit drought from ending the Galaxy Note 7.

Samsung Electronics has launched the low-end Galaxy On7 smartphone in South Korea, the company announced.

The metal framed, 55-inch low-end phone packs a 3GB RAM and 16GB memory and costs 399,300 won ($341). It has a 13 megapixel back camera and an 8 megapixel front camera.

The phone has features available in flagship models, including a F1.9 aperture that allows filming at low light settings and a beauty mode for selfies. Users can take 120-angle wide shots and press the home button twice to go to camera mode. It also comes with fingerprint recognition and a 3,300 mAh battery.

Samsung ended sales of the Galaxy Note 7 for good in October. Ending the phone will wipe out around $7 billion in profits until the first quarter next year, the company said previously.

Globally, and in South Korea, the company is advertising the Galaxy S7 to offset the loss. It has launched a new blue coral colored variation of the S7 -- a feature first introduced with the Note 7.

Rivals LG and Apple saw South Korean sales of their respective V20 and iPhone 7 smartphones boost thanks to the Note 7 vacuum.