Samsung begins selling refurbished, discounted Galaxy S24 in Korea
Samsung Electronics has begun selling refurbished Galaxy S24 models in Korea.
The models will be available on Samsung's website for prices 260,000 won ($177) to 640,000 won below MSRP. A refurbished Galaxy S24 Ultra 256GB model, for example, will cost 1.31 million won, a 23 percent markdown from its 1.69 million won sticker price. The devices come with a two-year warranty, as Samsung's new smartphones do in Korea; they can also be returned within a week of purchase.
Samsung plans to sell additional models based on consumer demand.
The move is part of Samsung's “Certified Re-Newed” program, which has been operating in countries including the United States and Britain for the past few years. The devices on sale were returned within a week of purchase for reasons unrelated to damage, the company says, and have undergone “quality inspection.” They are not, however, guaranteed to include new batteries, which is a selling point of the U.S. version of the program.
Samsung Electronics expects the business to allow customers to experience its older flagship phones for a more affordable price and reduce waste.
“Samsung Electronics’ certified pre-owned Galaxy phones’ quality is guaranteed by the company and offers consumers a new option to purchase flagship models,” the firm said.
BY KIM JU-YEON [kim.juyeon2@joongang.co.kr]