In the past week, there has been a deluge of reports revealing nearly every detail about the unreleased Galaxy M series. The design, rumored specifications, live image, and other details of the Galaxy M series have already been leaked online, but pricing information remains largely unknown. A new report from India sheds light on this issue as well.
According to a report by IANS, the Galaxy M10 will start at 9,500 ($134), while the Galaxy M20 will cost approximately 15,000 ($215) It is safe to assume that the Galaxy M30’s rumored triple-camera setup will bring its price closer to that of the Galaxy A series. Given that Samsung is incorporating some of its newest technologies into the Galaxy M series, the suggested pricing sounds extremely competitive and could pose a significant threat to many other brands on the market.
More pressure on profits?
With reasonably capable processors, a modern design, large batteries, ample storage, and RAM, the Galaxy M models are expected to be among the most affordable and capable options on the market. The new lineup seems capable of competing with Xiaomi’s budget offerings and regaining lost ground.
Given the contradictory reports, there is no assurance that the purported pricing information is accurate. Also, previous reports indicated that Samsung would launch the Galaxy M10, M20, and M30 in India later this month, but the most recent report indicates that the Galaxy M30 will be released the following month.
Intriguingly, a recent report based on regulatory filings found that Samsung India’s mobile profit declined last year despite revenue growth, indicating that the company’s budget lineup is losing margins. To say the least, it would be surprising if the company adopted an even more aggressive pricing model for the new series.