Galaxy Note 7 most costly in Europe, cheapest in Korea

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Samsung Electronics’ Galaxy Note 7, which was launched Friday globally, is the most expensive in Europe and cheapest in South Korea, according to the tech firms’ online stores Friday.
The new phablet costs around 1.06 million won ($948) in Germany, 1.07 million won in France and Spain and 1.09 million won in the UK, according to Samsung’s online stores, reports the Korea Herald. The prices set for European consumers are around 70,000 won to 100,000 won higher than the price set for Korean consumers. The Galaxy Note 7 is being sold for 988,900 won here, along with freebies such as the Gear Fit 2.
“Prices in Europe are normally set higher than in other regions, considering higher consumer prices in the region,” Samsung’s official said, adding, “The prices are not entirely set by Samsung but with local mobile carriers.”
Questions & Answers
Q.Which European country has the highest price for the Galaxy Note 7?
Which European country has the highest price for the Galaxy Note 7?
The UK has the highest price in Europe for the Galaxy Note 7, with a cost of 1.09 million won. This is slightly more expensive than in Germany, France, and Spain.
Q.What is the price difference between the European and South Korean markets?
What is the price difference between the European and South Korean markets?
Prices for European consumers are 70,000 won to 100,000 won higher than the price set for Korean consumers. The Galaxy Note 7 is cheapest in South Korea at 988,900 won.
Q.Why are prices for the Galaxy Note 7 higher in Europe?
Why are prices for the Galaxy Note 7 higher in Europe?
Samsung states that prices in Europe are usually set higher due to higher consumer prices in the region. They also mentioned that local mobile carriers influence the final pricing.
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