BY | February 13, 2013

Korean smart-phone manufacture Samsung has drastically slashed the prices of its Galaxy Note 2 and Galaxy S3 handsets. Analysts believe that this will help its sales to go up substantially

For Samsung fans in the country it is a great news. Korean tech giant has slashed the prices of its best and highest selling handsets including Samsung Galaxy Note 2 and Samsung Galaxy S III. Both have been sold in large numbers and both are still going strong. While Galaxy S3 is among the top selling handsets across the world –a month ago Sammy said that it sold more than 40 million handsets –Galaxy Note 2 is doing very well in markets across the world.

But in India Samsung, despite selling huge quantities of its smart-phones, is trying hard to push up the sales even further. Reports suggest that Sammy has sold more than ten million of Galaxy line of smart-phones in India, a big achievement in a nation that is still hooked to low end handsets. Notwithstanding its high sales the company is facing heat from unlikely competitors. Home grown companies like Micromax, Lava, Karbonn and some Chinese companies are flooding Indian market with decent and low end handsets in the proximity of Rs 10000 price tag.

For Indian customers these products are especially enticing as these phablets or handsets come with great value for money. The recently introduced Micromax A116 Canvas HD is good example. This handset comes with 8 mega pixel camera and 5 inch screen, gives satisfaction to customers to owning a smartphones with ‘good’ specs. Now in order to face this threat head on Sammy has slashed the prices of its top handsets making them more affordable.

The Galaxy S3’s price drop is really sharp. Price of 16GB version of S3 has been dropped to Rs 29,480, though internet vendors are selling the handset at as low as Rs 27,499. When launched last year it was priced at Rs 43,000. The latest round of price cut saw Sammy slashing its price by as much as Rs 3000. On the other hand, Samsung Galaxy Note that was introduced in the market some five months ago has also seen a price cut. The highest selling phablet is now officially available in the market for Rs 35,600, though some online retailers are selling it at far lower price. Samsung will certainly reap the benefit of the latest round of price cut as more and more people are expected to go for these handsets that come with best specs and features.

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