News Categories

Samsung to adjust price of Galaxy S6 series to maintain sales momentum

By Cookie Monster - on 30 Jul 2015, 6:54pm

Samsung to adjust price of Galaxy S6 series to maintain sales momentum

 The retail prices of the Samsung Galaxy S6 and Galaxy S6 edge will be adjusted later this year.

If you've been holding off the purchase of a Samsung Galaxy S6 or S6 edge, your patience may have paid off!

According to Samsung, its mobile business arm aims to maintain the sales momentum of its premium smartphones by " flexibly adjusting the price of the Galaxy S6 and S6 edge, and launching a new model with a larger screen". 

The company foresees "a difficult business environment" even though the Galaxy S6 models helped boost overall revenue slightly quarter on quarter for the mobile business arm. In addition, supply issues of the Galaxy S6 edge have been resolved. 

As forecasted, Samsung reported an 8% year on year decrease in profits to US$4.93 billion. Unlike the mobile business unit, its semi-conductor business experienced strong sales thanks to memory products and mobile application processors.

The Galaxy S6 currently retails from S$998 while the Galaxy S6 edge+ starts from S$1,168. How much lower can Samsung go for its premium flagship smartphones? Do chip in your thoughts in our comments box!

Source: Samsung via The Verge

Join HWZ's Telegram channel here and catch all the latest tech news!
Our articles may contain affiliate links. If you buy through these links, we may earn a small commission.