LG Velvet Launch... Maximum Official Subsidy of 240,000 KRW

Carrier Official Subsidy 74,000 KRW~240,000 KRW
Contract Discount More Advantageous Than Official Subsidy

[Asia Economy Reporter Han Jinju] The official subsidy for the LG Electronics Velvet has been set at a maximum of 240,000 KRW.

On the 15th, LG Electronics launched the Velvet in South Korea through the three major mobile carriers, open markets, LG Best Shop, Hi-Mart, and Electronic Land, among other unlocked channels.

The retail price of the LG Velvet is 899,800 KRW. The official subsidies from the mobile carriers range from 74,000 KRW to 240,000 KRW. Among the three carriers, KT offers the highest subsidy. SK Telecom’s subsidy ranges from 87,000 KRW to 170,000 KRW, KT’s from 86,000 KRW to 240,000 KRW, and LG Uplus’s from 74,000 KRW to 189,000 KRW.

SK Telecom’s official subsidies by plan are ▲0Teen 5G 87,000 KRW ▲Slim 100,000 KRW ▲Standard 123,000 KRW ▲Prime 150,000 KRW ▲Platinum 170,000 KRW.

KT’s subsidies are ▲5G YTeen 86,000 KRW ▲5G Slim 100,000 KRW ▲5G Slim Plus 110,000 KRW ▲Super Plan Basic 147,000 KRW ▲Super Plan Basic Plus 150,000 KRW ▲Super Plan Special 183,000 KRW ▲Super Plan Special Plus 201,000 KRW ▲Super Plan Premium (Plus) 240,000 KRW.

For LG Uplus, the subsidies are ▲5G Light 74,000 KRW ▲5G Light 90,000 KRW ▲5G Standard 120,000 KRW ▲5G Smart 135,000 KRW ▲5G Premier Regular 145,000 KRW ▲5G Premier Plus 155,000 KRW ▲5G Premier Super 168,000 KRW ▲5G Signature 189,000 KRW.

Since the official subsidies are not very high, choosing the 25% discount on the plan is more advantageous. Assuming a user subscribes to an SK Telecom plan costing around 89,000 KRW, the purchase price after combining the official subsidy (172,500 KRW) and additional subsidy (22,500 KRW) would be 727,300 KRW. If the same plan is chosen with a 25% contract discount, a total discount of 534,600 KRW can be received over 24 months.

Accessories for the LG Velvet must be purchased separately. The price of the Dual Screen is 242,000 KRW, and the Stylus Pen is 51,200 KRW.

The LG Velvet features a 6.8-inch display with stereo speakers and supports artificial intelligence sound. The rear camera, shaped like a water droplet, consists of three lenses, with the main camera having 48 million pixels. It is equipped with 8GB RAM, 128GB storage, and Qualcomm’s 5G integrated chip, the Snapdragon 765 5G. The battery capacity is 4300mAh. The colors available are Aurora White, Aurora Gray, Aurora Green, and Illusion Sunset, totaling four options.

This content was produced with the assistance of AI translation services.