Galaxy S21 will likely cost less to make than the Galaxy S20, do we smell a price cut?8
The unit price of RF components has apparently been reduced by around 9 percent, which is quite a lot as rates are usually cut by 5 percent at most. Screen modules have allegedly been discounted too.
The drop seemingly has something to do with the sluggish sales of the Galaxy S20, which resulted in underutilization of production lines. Some suppliers apparently lowered the price to increase line utilization rate, and the practice then spread to more vendors.
Samsung's Q3 profit rose 58 percent year over year, and although the company did not provide a breakdown of the results, it is believed that its earnings were boosted by an uptick in smartphone sales.
The chaebol, whose sales suffered heavily at the hand of the pandemic, is now rebounding. Per a CNBC report, the Galaxy Note 20, Galaxy Z Fold 2, and Galaxy Z Flip 5G are performing quite well.
Increased focus on online sales and pent-up demand also bolstered the company's earnings. And, of course, it also appears to be benefitting from Huawei's misfortunes.
This story is part of:Samsung Galaxy S21 leaks (66 updates)