Samsung has negotiated steep price cuts with some major domestic smartphone parts suppliers and this may bring down the manufacturing cost of the Galaxy S21, reports SamMobile, citing South Korean publication The Elec.
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.
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.
Written by Anam Hamid.
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