Samsung to unveil phone upgrade programme

South Korean tech giant Samsung Electronics has announced the launch of a phone upgrade programme here next week which would allow subscribers to switch to a new premium handset every 12 months.

Customers seeking to buy one of two Galaxy S7 models could sign up for the programme on a 24-month instalment plan offered through Samsung Card Co Ltd, the company said in a statement.

Subscribers would pay a monthly fee of 7,700 won (USD 6.35) in addition to the cost of the device. They can upgrade to a new Galaxy S or Galaxy Note smartphone after twelve months under the plan in exchange for the original device they purchased, Reuters reported.

Meanwhile, Samsung on Tuesday unveiled the much awaited flagship devices Samsung Galaxy S7, S7 edge in India which have been designed in a way that it would function even while taking a shower, thereby giving a tough competition to its rival Apple Inc.

The smartphone comes in black onyx, gold platinum and silver titanium colour variants.

The cost of Galaxy S7 and Galaxy S7 edge is Rs. 48,900 and 56,900 respectively and it can be booked online from Tuesday evening. Customers booking the phone from March 7 to March 18 would also receive a VR headset for free.