Even though reports came that Samsung refurbished smartphones are going to sold, it looks like the company has no intentions of adding its Galaxy Note7 to that list, well this might be a good move, considering the fact that so many accidents occurred as users made use of the Note 7.
Yesterday it was reported that the Galaxy Note7 was going to be sold in different markets at a lower price and different specifications and design, a Samsung spokesperson from India spoke to Gadget 360 and clarified the rumors immediately:
“The report on Samsung planning to sell refurbished Galaxy Note 7 smartphone[s] in India is incorrect.”
Samsung intended to sell refurbished smartphones with the aim of making more revenues from previous flagship handsets. Although the company’s Galaxy S7 and Galaxy S7 edge boosted the it’s revenue to great heights, Samsung still faced massive competition in the smartphone business. Selling refurbished phones would help boost Samsung’s revenue especially since consumers need cheap, but powerful phones.
Now we are certain that refurbished units of the Galaxy Note7 are not going to be sold, and for now in at least one region, India.
Samsung, founded by Lee Byung-chul in 1938, is a South Korean multinational conglomerate company headquartered in Samsung Town, Seoul. Samsung diversified into areas including food processing, textiles, insurance, securities and retail. Samsung entered the electronics industry in the late 1960s and the construction and shipbuilding industries in the mid-1970s.