BackTaiwan's Samsung raises mobile phone prices, S series prices increase by up to NT$5,000
Taiwan's Samsung raises mobile phone prices, S series prices increase by up to NT$5,000
NEWS
自由时报48 minutes agoBusiness2 min readChinaView original

Taiwan's Samsung raises mobile phone prices, S series prices increase by up to NT$5,000

Quick Look

  • Taiwan's Samsung Electronics will increase the price of mobile phones starting from October 1.
  • The price of the S series will increase by about 3,000 to 5,000 yuan, and the A series will also follow suit.
  • General Manager Chen Qimeng said that the main reason for the price increase is the rising cost of memory and components.

AI-generated summary

Why It Matters

Affected by rising prices of memory and components, Samsung has adjusted its mobile phone pricing strategy.

Font size

Samsung officially raised the price of mobile phones today (1st). The S series increased by about 3,000 to 5,000 yuan, and the A series also followed suit. As for whether the Z series of folding mobile phones will increase the price after the Apple folding machine iPhone Duo goes on sale, Chen Qimeng, general manager of the mobile communications division of Samsung Electronics Taiwan, said that it will not happen in the short term.

As soon as Apple’s new iPhone 18 Pro series went on sale on September 18, Samsung has planned to increase the price of the S series. Chen Qimeng pointed out that due to the increase in memory and component prices, mobile phone prices have been pushed up. Samsung had previously absorbed the increase in memory, but in response to the trend, it raised mobile phone prices on October 1.

Chen Qimeng said that the sales volume of the S series increased significantly by 25% in the two to three weeks before the price increase. After the launch of the Apple folding machine, we did see an increase in sales and searches for the Samsung folding machine. Currently, a large proportion of other brands have switched to the Samsung Z series. The Z series has grown by 30% year-on-year compared to the previous generation.

As for whether Samsung’s Z series will also increase prices after the iPhone Duo goes on sale, Chen Qimeng said that it will not happen in the short term.

iPhone Duo will be available for pre-order at the Apple Store in Taiwan at 8 pm on October 16th, and will be officially launched on October 23rd. The official suggested selling price in Taiwan starts at 74,900. As for the Samsung Galaxy Z series of foldable phones, the official recommended retail prices for the Galaxy Z Flip8 start at 38,900 yuan, the Galaxy Z Fold8 starts at 59,900 yuan, and the Galaxy Z Fold8 Ultra starts at 65,900 yuan.

Open Questions

  • Will more models follow the price increases in the future?

Related Topics

This article was originally published by 自由时报.

Related Stories

NIQ survey: Health consumption trends are very different across generations. Generation Z values quick results, while families value well-being.
Business·

NIQ survey: Health consumption trends are very different across generations. Generation Z values quick results, while families value well-being.

NIQ’s latest consumer trend insights show that healthy consumption has become a cross-generational trend. Generation Z prefers convenience and quick-acting products; quasi-sandwich people focus on the well-being of the whole family; households with two children without children tend to invest long-term and intensively in high-end health products, demonstrating the consumption logic of different life stages.

自由时报
2 min read
Cambodia’s Angkor monuments saw a year-on-year decline in foreign tourist reception and ticket revenue in the first three quarters of this year
Business·

Cambodia’s Angkor monuments saw a year-on-year decline in foreign tourist reception and ticket revenue in the first three quarters of this year

A report from the Cambodian Angkor Heritage Protection and Management Agency shows that in the first three quarters of this year, the Angkor heritage site received 510,500 foreign tourists, a year-on-year decrease of 27.61%; ticket revenue was US$24.2378 million, a year-on-year decrease of 25.9%. The Cambodian Ministry of Tourism is promoting the recovery of the tourism market through new plans and measures to attract film and television productions.

中国新闻网
2 min read
Cambodia Highway 1551 Project Contracted by Chinese Enterprises Completed and Opened to Traffic
Business·

Cambodia Highway 1551 Project Contracted by Chinese Enterprises Completed and Opened to Traffic

Cambodia Highway 1551 project was officially opened to traffic on October 1. The project is constructed by China Road and Bridge Engineering Co., Ltd., with a total length of approximately 198.5 kilometers, connecting the three provinces of Battambang, Bodhisattva and Koh Kong. It is a landmark project of the "Belt and Road" jointly built by China and Cambodia.

中国新闻网
2 min read
Taiqing Li Zhuoyu: Deeply exploring the chip thermal management track in mainland China to help the computing power infrastructure be autonomously controllable
Business·

Taiqing Li Zhuoyu: Deeply exploring the chip thermal management track in mainland China to help the computing power infrastructure be autonomously controllable

Li Zhuoyu, who has been starting a business in the mainland for nearly 20 years, started with handmade bicycles and transitioned to automotive-grade thermal management. Now he is deeply involved in the field of chip thermal management. Its team has achieved breakthroughs in core technologies such as active circulation thermosiphon, and is committed to solving the problem of high-end chip cooling technology being monopolized by overseas countries and helping the development of China's computing infrastructure.

中国新闻网
3 min read
The Chain Global International Agricultural Cooperation Expo will be held in Jakarta, Indonesia in December
Business·

The Chain Global International Agricultural Cooperation Expo will be held in Jakarta, Indonesia in December

The Chain Global International Agricultural Cooperation Expo and China International Agricultural Cooperation Expo will be held in Tangerang, Indonesia from December 10th to 12th. The expo aims to strengthen cooperation between China and Indonesia in the fields of smart breeding, cold chain logistics and agricultural technology, and jointly maintain regional food security and agricultural supply chain stability.

中国新闻网
2 min read
Bank of America is bullish on AI capital spending: Revises market forecasts upward and names 5 top picks for chip stocks
Business·

Bank of America is bullish on AI capital spending: Revises market forecasts upward and names 5 top picks for chip stocks

Bank of America Securities has significantly revised up its AI data center market forecast from 2026 to 2030 to US$2.2 trillion, with the annual growth rate raised to 40%. Analyst Vivek Arya is optimistic about the momentum of AI spending and named Huida, Intel, Micron, Marvell and Colin R&D as the preferred targets with short-term catalysts.

自由时报
2 min read
More on this topicSamsung