Samsung Galaxy Note 7 DUOS Unlocked $789.99

by Linda Olson August 23, 2016, 3:46

The South Korean mobile giant is attempting to find ways for sustaining the revenue by refurnishing or restructuring the device line up.

According to a report, Samsung is planning to launch the refurbished smartphones program by early 2017 which will sell the used version of premium devices. It said resales encourage some smartphone owners to replace their devices with new ones, which boosts vendor revenues. It's possible that customers will be getting a brand new battery or display, as well as a manufacturer's warranty that you don't get by buying a used phone from eBay or Craigslist.

Details of how much the refurbished smartphones would be sold at and markets being targeted were not made known by the source.

Samsung launched its flagship Galaxy S7 and Galaxy S7 Edge phones in India in March at a price of Rs 48,900 and Rs 56,900 respectively. One would assume they will eventually turn to other channels as well if the program is popular enough.

There is a question as to whether or not refurbished phones will compete with Samsung's newest phones.

Hillary Clinton's Victory May Restrict Foreign Corporate Donations To Clinton Foundation
In any event, the Clinton Global Initiative will wind down after one last gathering in September, the former president said. Trump said the exchange proved a "pay-to-play" relationship between donors and Hillary Clinton's State Department .

Unfortunately, there is still a lot we don't know about the program. Samsung has employed curved 2.5D glass on the new Galaxy S7, while the Galaxy S7 Edge has a screen that curves on two sides. Apparently, the Smartphone market plateauing but Samsung hopes to make a kill from its upgrade programs which are expected to attract many consumers.

Refurbished phones might also lure enterprise clients who want Samsung's security, software, and hardware for a fraction of the price.

Apple has already been selling refurbished iPhones for a number of years, and Samsung could use the refurbished phone program to sustain its earnings.

Deloitte says the used smartphone market will be worth more than $17 billion (£13bn) this year, with 120 million devices sold or traded in to manufacturers or carriers - around 8 per cent of total smartphone sales.

The program could help Samsung defend market share in emerging countries by bolstering mid-tier sales.

Recommended News


TOP News

Huma Abedin Has 10-Year Tie to Radical Muslim Mag
One, published in 1996 titled "Women's Rights Are Islamic Rights", warned of "the dangers of alternative lifestyles". Huma Abedin has been called Hillary Clinton's "shadow" as well as her "second daughter".

'Diddy' delays tour to recover from shoulder surgery
Please note that in July, Page Six published this great headline: " Cassie spotted flirting with someone other than Diddy ". TMZ is reporting that the couple got into an argument on Wednesday that ultimately ended with a visit from the police .

London to run first all-night underground trains for 150 years
A train is seen at the Baker Street Underground Station in London , Britain, on January 10, 2013. Speaking at the launch of the service, he said: "You can feel the buzz, you can feel the vibe".

Ulfa abducts Assam BJP leader's son
I appeal to my parents, Bolin-da (Brother Bolin Chetia) and Sarbananda Sonowal to secure my release. Chetia had recently won in the Assam Assembly Elections from Sadiya constituency, on a BJP ticket.

Mongolian wrestling coaches strip off clothing in protest of call
The protest didn't change the results, but it definitely made a point. "They only supported the Uzbek", Bayaraa said. In wrestling, failing to engage is a penalty known as passivity, and it costs you a point.

Basketball - Spain edge Australia for bronze in thriller
A bronze medal is a good "consolation" for a team that reached the Gold Medal Game at the previous two Olympics. Spain's veteran Pau Gasol was enormous , with 31 points and 11 rebounds for the bronze medallists.

Mahrez signs new deal with Leicester City
They can not afford to lose their opening two games for the risk of already being six points behind their title rivals. The Foxes face Arsenal on Saturday and have defender Robert Huth available after serving a three-game suspension.

Speedo USA, Ralph Lauren drop Lochte after Rio incident
A statement from his former sponsor read: " Speedo USA today announces the decision to end its sponsorship of Ryan Lochte". In televised interviews that first aired Saturday, Lochte backtracked and said he "over-exaggerated" the story.

Trump campaign chairman Paul Manafort resigns
The shake-up comes with chairman Paul Manafort under fire in the press after being named in a Ukrainian corruption scandal. Most recently, even many of his fellow Republicans rebuked him for his prolonged feud with the family of a Muslim U.S.

West Ham bookies favourites to sign Manchester City striker ahead of Arsenal
If we get one it's got to be a good one. "We were much improved in the second half and thought it was our game for the taking. Michail Antonio headed home on 84 minutes from close range after latching on to a Gokhan Tore cross from the left hand side.