Samsung-Galaxy-S6-Edge-Plus-250x316Samsung is planning to launch a new program selling refurbished used versions of its smartphones as early as next year, according to sources who spoke to Reuters.

The Korean tech firm is seeking ways to sustain its earnings after the company posted its best profits for two years following a restructuring of its mobile lineup. With the smartphone market plateauing, Samsung hopes that selling the returned handsets as part of its upgrade programs will help it maximize cost efficiency and keep its operating margins above 10 percent, reports Reuters.

The discounted handsets are said to be coming to customers tied to upgrade programs in markets like the U.S. and South Korea, however there's no official word on how much the discount will be, or which countries the program is coming to.

Apple already sells used phones in several markets including the U.S., but was recently blocked from selling refurbished handsets in India, where high-end devices are beyond most buyers.

Reuters notes that an iPhone has a re-sale value of around 69 percent of its original price after about one year from launch, while Samsung's flagship Galaxy sells for 51 percent of the original price in the U.S. market, according to BNP Paribas.

The program is likely to attract customers previously put off by the high price of Samsung's high-end smartphones, some of which cost up to $800. Selling the used phones in growing markets like India could also be a big hit for Samsung, while offering them in China could could help the company prevent market share encroachment by Chinese rivals, many of which offer low-cost alternatives.

Tag: Samsung

Top Rated Comments

555gallardo Avatar
116 months ago
And yet Macrumors site have more Android/Samsung news than actual apple leaks and news, I think macrumors has ran out of sources for apple news...
It wouldn't if Apple wouldn't focus on watch bands and balloons in iMessage.
Score: 9 Votes (Like | Disagree)
69Mustang Avatar
116 months ago
Android is such a big piece of the pie it's now Samsung fanboys vs other Android fanboys.
This 100%. To some of those guys, Samsung is equivalent to, and just as bad as Apple. It's funny and it mirrors the fanboy arguments between iOS/Android factions. They all have two things in common: fanboys of any ilk are universally annoying and overwhelmingly useless in a discussion.
Score: 7 Votes (Like | Disagree)
radiology Avatar
116 months ago
I own A Galaxy S7 (and an iPhone and iPad) but I'm surprised to see this article here.
Why are you surprised if you often read articles about tooth brushs, thermometers and purses in this website?
Score: 4 Votes (Like | Disagree)
Keane16 Avatar
116 months ago
And yet Macrumors site have more Android/Samsung news than actual apple leaks and news, I think macrumors has ran out of sources for apple news...
It wouldn't if Apple wouldn't focus on watch bands and balloons in iMessage.
Or Apple has run out of ideas.....for MR to leak. Cant blame a rumour site given what has been released in the last 24 months .... Problem is Apple and not MR.

I'm sure MR would prefer to post Apple news....
A few helpful MacRumors links that contain lots of alternatives to Android, Samsung, Watch Band and iMessage Balloon articles:

- https://www.macrumors.com/
- https://www.macrumors.com/mac/
- https://www.macrumors.com/iphone/

Pro Tip: scan the headline, if it doesn't interest you move on to something else.

This site posts more Apple related news than it ever has. It also posts more tutorials, reviews and competitor news in line with Apple's enormous growth and moves into new market segments.
Score: 3 Votes (Like | Disagree)
Telos101 Avatar
116 months ago
I own A Galaxy S7 (and an iPhone and iPad) but I'm surprised to see this article here.
Kinda makes sense given MR reported on Samsung's earnings, plus as Apple's biggest rival...
Score: 3 Votes (Like | Disagree)
MH01 Avatar
116 months ago
A few helpful MacRumors links that contain lots of alternatives to Android, Samsung, Watch Band and iMessage Balloon articles:

- https://www.macrumors.com/
- https://www.macrumors.com/mac/
- https://www.macrumors.com/iphone/

Pro Tip: scan the headline, if it doesn't interest you move on to something else.

This site posts more Apple related news than it ever has. It also posts more tutorials, reviews and competitor news in line with Apple's enormous growth and moves into new market segments.
Pro tip : Drop into an Apple Store . I've never seen them so empty , so reflects nicely what is happening on MR. Try it this week...
Score: 2 Votes (Like | Disagree)

Popular Stories

iPhone 17 Pro Lower Logo Feature 1

iPhone 17 Pro Coming Soon With These 14 New Features

Monday June 30, 2025 1:08 pm PDT by
Apple's next-generation iPhone 17 Pro and iPhone 17 Pro Max are less than three months away, and there are plenty of rumors about the devices. Apple is expected to launch the iPhone 17, iPhone 17 Air, iPhone 17 Pro, and iPhone 17 Pro Max in September this year. Below, we recap key changes rumored for the iPhone 17 Pro models:Aluminum frame: iPhone 17 Pro models are rumored to have an...
A18 Pro Chip

New MacBook With A18 Pro Chip Spotted in Apple Code

Monday June 30, 2025 8:05 am PDT by
Apple is developing a MacBook with the A18 Pro chip, according to findings in backend code uncovered by MacRumors. Earlier today, Apple analyst Ming-Chi Kuo reported that Apple is planning to launch a low-cost MacBook powered by an iPhone chip. The machine is expected to feature a 13-inch display, the A18 Pro chip, and color options that include silver, blue, pink, and yellow. MacRumors...
iPhone Car Key WWDC 2025

Apple Announces 13 Automakers Planning to Offer iPhone Car Keys

Friday June 27, 2025 11:42 am PDT by
In 2020, Apple added a digital car key feature to its Wallet app, allowing users to lock, unlock, and start a compatible vehicle with an iPhone or Apple Watch. The feature is currently offered by select automakers, including Audi, BMW, Hyundai, Kia, Genesis, Mercedes-Benz, Volvo, and a handful of others, and it is set to expand further. During its WWDC 2025 keynote, Apple said that 13...
maxresdefault

Five Features Coming to AirPods Pro 3

Friday June 27, 2025 10:52 am PDT by
Apple hasn't updated the AirPods Pro since 2022, and the earbuds are due for a refresh. We're counting on a new model this year, and we've seen several hints of new AirPods tucked away in Apple's code. Rumors suggest that Apple has some exciting new features planned that will make it worthwhile to upgrade to the latest model. Subscribe to the MacRumors YouTube channel for more videos. Heal...
macbook air spacegray purple

Apple Planning to Launch Low-Cost MacBook Powered By iPhone Chip

Monday June 30, 2025 3:20 am PDT by
Apple is planning to launch a low-cost MacBook powered by an iPhone chip, according to Apple analyst Ming-Chi Kuo. In an article published on X, Kuo explained that the device will feature a 13-inch display and the A18 Pro chip, making it the first Mac powered by an iPhone chip. The A18 Pro chip debuted in the iPhone 16 Pro last year. To date, all Apple silicon Macs have contained M-series...
anker power bank recall

PSA: Anker Recalls Multiple Power Banks Due to Fire Risk

Friday June 27, 2025 4:16 pm PDT by
Popular accessory maker Anker this month launched two separate recalls for its power banks, some of which may be a fire risk. The first recall affects Anker PowerCore 10000 Power Banks sold between June 1, 2016 and December 31, 2022 in the United States. Anker says that these power banks have a "potential issue" with the battery inside, which can lead to overheating, melting of plastic...
Chase Sapphire Reserve Apple Perk Feature

Chase Sapphire Reserve Card Introduces New Perk for Apple Customers

Wednesday June 25, 2025 2:08 pm PDT by
Chase this week announced a series of new perks for its premium Sapphire Reserve credit card, and one of them is for a pair of Apple services. Specifically, the credit card now offers complimentary annual subscriptions to Apple TV+ and Apple Music, a value of up to $250 per year. If you are already paying for Apple TV+ and/or Apple Music directly through Apple, those subscriptions will...
replay all time playlist apple music

Apple Music Debuts All-New Personalized Playlist

Monday June 30, 2025 7:16 am PDT by
As part of its 10-year celebrations of Apple Music, Apple today released an all-new personalized playlist that collates your entire listening history. The playlist, called "Replay All Time," expands on Apple Music's existing Replay features. Previously, users could only see their top songs for each individual calendar year that they've been subscribed to Apple Music, but now, Replay All...