Galaxy S20 Stock Depleted... BTS Edition Price Reduced, Subsidies Increased

Galaxy S20 BTS Edition Price Adjusted to 1,533,000 KRW
SKT Galaxy S20 Official Subsidy Increased by 60,000 KRW Each

[Image source=Yonhap News]

[Asia Economy Reporter Han Jinju] Samsung Electronics and mobile carriers are making every effort to reduce inventory by increasing the official subsidies for the Galaxy S20.

According to the telecommunications industry on the 7th, Samsung Electronics and the three mobile carriers lowered the launch price of the Galaxy S20 Plus BTS Edition on the 4th of this month. The new price is 1,353,000 KRW, which is 44,000 KRW lower than the previous price of 1,397,000 KRW.

SK Telecom raised the official subsidy for the Galaxy S20 by 60,000 KRW per plan, from the previous range of 235,000 to 420,000 KRW to 295,000 to 480,000 KRW.

This is interpreted as a strategy to clear out existing products following the release of new products such as the Galaxy Note20. Sales of the Galaxy S20 series reached only 60 to 80% of the previous generation due to the COVID-19 pandemic and its high price.

Meanwhile, Samsung Electronics plans to release the Galaxy S20 FE (Fan Edition, tentative name) in the fourth quarter, which will use existing Galaxy S20 components to lower the price. Although light models have often not been released domestically in the past, this time it will be sold in Korea as well.

The domestic version will be released as a 5G model, and mobile carriers have begun network compatibility testing for the Galaxy S20 FE. The domestic release is expected to be between October and November. The price is likely to be in the 800,000 to 900,000 KRW range. It is a quasi-premium product that can compete with the low-priced model of the iPhone 12, which will be released in the fourth quarter.

The Galaxy S20 FE is expected to feature a 6.5-inch display, 6GB RAM, 128GB storage, and support a 120Hz refresh rate. The front camera will be 32MP, and the rear will have a triple camera setup with 12MP (wide), 12MP (ultra-wide), and 8MP (telephoto) sensors.

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