iPhone X Price Set Higher than Expected in S. Korea | Be Korea-savvy

iPhone X Price Set Higher than Expected in S. Korea


(image: Apple Inc.)

(image: Apple Inc.)

SEOUL, Nov. 1 (Korea Bizwire)U.S. tech giant Apple Inc. said Wednesday the iPhone X will be released in South Korea with a price tag of 1.42 million won (US$1,207), hovering far above that of Samsung Electronics Co.’s Galaxy Note 8 released in September.

Apple’s South Korean office said the 64GB iPhone X will be sold at that price, with the 256GB model fetching 1.63 million won. The price of the 5.8-inch smartphone hovers above market watchers’ earlier expectation of 1.3-1.5 million won.

The price of Samsung Electronics’ 6.3-inch Galaxy Note 8 64GB edition is 1.09 million won, and that of the 256GB version is 1.25 million won here.

Industry watchers said the local price of the iPhone X is significantly higher than the price of $999 set for the 64GB edition in the U.S. market, even taking taxes into consideration.

Apple has not yet decided the release date of the iPhone X for South Korea, although global sales will kick off on Friday.

Industry sources said the price of the iPhone X is even higher in European countries.

The price of the 64GB iPhone 8, set to be released in South Korea on Friday, will come with a price tag of 990,000 won, hovering above 782,000 won and 780,000 won set for the U.S. and Japan, respectively.

(Yonhap)

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>