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Report Says Samsung to Offer Refurbished High-End Smartphones to Customers

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Earlier reports reveal that Samsung is getting ready to launch a new program where refurbished high-end smartphones will be sold to customers. The report came from an anonymous source who was said to have direct knowledge on this subject. According to the source, the handsets that will be used under this program are the ones that were returned to Samsung under its upgrade programs available in markets such as the United States and in South Korea. Since these devices are considered used, they will be sold off to consumers at a much lower price.

As of this writing, there has been no mention on what these specific handset models will be and how much they will be sold off to consumers. In addition, there is no word on which markets these devices will be available.

It's expected that this new venture planned by Samsung would turn into a success, especially since many people are attracted to the idea of getting a refurbished premium device at a lesser price compared to its launch. With the $800 price tag on highly praised devices such as the Galaxy S7 and Galaxy Note 7, it would be exciting for users to be able to use the device at a lesser price shortly since they get launched to the public.

This resale program being spearheaded by Samsung is said to be an effort by the South Korean manufacturer to help sustain its mobile business. At the same time, it is a way for the company to maximize its products' cost efficiency and keep its operating margins over 10 percent.

It's important to note, however, that this is not an official report from Samsung. When asked for a comment on the matter, a spokesperson for the company said that they (Samsung) does not comment on rumors or speculations. If ever the reports prove to be true, this could mean great news for the company as more people will be able to purchase a high-end Samsung smartphone at a cheaper price. Would you be interested in one too?


Source: Reuters



8 comments:

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  1. Article posted is OLD news. If you want more up-to-date facts go directly to Reuters. Christine is good as posting old news from other media sources, sadly! I'm actually surprised she gave Reuters credit.

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    1. I'm pretty sure Christine (and Dennis too) ALWAYS cites the source article.

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  2. If they can reach India-tier, sub-$100 pricing for phones that have at least Lollipop, then maybe I'd be interested.

    Otherwise, I'll stick to free or heavily subsidized devices which can be unlocked for use on MVNOs.

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    1. Doubt they will. Think they will offer items slightly cheaper than a new item.

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  3. The us market will bear much higher prices than emerging markets.

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  4. They would risk reducing the sales of new product if they follow this policy.

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  5. Why? They have been selling refurbished tablets through select vendors for years. Some people won't buy refurbished because they think they will fail. There is a market for this, same as at Apple with the iPhone.

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