Samsung Galaxy S5 priced cheaper than its predecessor

How about that. Based on reports out of Korea, all of those rumors about the Samsung Galaxy S5 being priced cheaper than the Samsung Galaxy S4 have turned out to be true. According to Korean media, Samsung's new flagship Android phone will be priced at 800 Won ($744 USD). The original launch price of the Samsung Galaxy S4 was 890 Won ($827 USD).

Samsung was able to add a heart rate monitor, fingerprint scanner and IP67 certification while cutting the price. We wonder if the newer model will also provide the Korean manufacturer with better margins. One Samsung spokesman in Korea said that adding the new features while lowering the price, provides a price-performance ratio that is "expected for customer satisfaction".

The Samsung Galaxy S5 is expected to launch April 11th in 150 countries. In the U.S., we expect to see carriers offer the phone for $199.99 with a signed two-year contract. T-Mobile, which doesn't offer subsidized phones, will ask for a down payment with monthly installment payments due.

source: ZDNetKorea (translated) via GSMArena