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EXCLUSIVE: India loves Samsung’s Galaxy S21 FE offer, sold like hot cakes
India’s biggest festive season begins today, while, Samsung already announced hefty discounts for consumers on various Galaxy devices and electronic appliances. The Galaxy S21 FE offer is the most highlighting one in India that reduced the price of this affordable flagship smartphone radically down.
No doubt, consumers love Samsung’s offer as all Galaxy S21 FE units are sold in India from all official retail stores, Samsung Shop and Flipkart. Well, the Galaxy S22, Galaxy S22 Plus, Galaxy F23, and Galaxy F13 phones are also on sale with hot price reductions.
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Reason behind success:
In India, the Galaxy S21 FE (8GB + 128GB) has a price tag of INR 74999, which regularly sells for INR 49999. Through the striking offer, Samsung lessened the price of the Galaxy S21 FE smartphone to just INR 34999, with massive INR 15000 price reduction.
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Bank cards offer:
In addition to putting the Galaxy S21 FE on sale for just INR 34999, Samsung introduced bank card offers. Consumers having HDFC bank cards (debit, credit) grabbed additional cashback on INR 3000, while Flipkart brought the same offer through ICICI bank credit card.
Pro Samsung consumers are a step ahead! Those who purchased the Galaxy S21 FE through Samsung Shop app for the first time, were eligible for an additional INR 1000 discount, thanks to the 20k advantage program. While it’s not the conclusion, some shoppers bought the S21 FE for about INR 30,499 with a card + referral code.
Well, the Galaxy S21 FE is out of stock in India from Samsung.com/in, Samsung Shop, Samsung eStore, Samsung official retail outlets, and the e-commerce platform Flipkart. As the biggest festival of Deepawali is coming too, the company might bring such a sizzling deal another time.
Samsung’s executive chairman Jay Y. Lee (Lee Jae-yong in Korean) topped the Forbes 2024 Richest Korean list for the first time. On April 17, Forbes revealed that the Samsung boss is the richest in South Korea, with his assets increasing by $3.5 billion, bringing his total net worth to $11.5 billion.
Thanks to a rise in Samsung’s stocks, Samsung’s Lee jumped to the top of the Forbes 2024 Richest Korean list. Notably, the company’s stocks significantly hiked after the revelation that it’s developing high-bandwidth memory chips used in AI computing for NVIDIA.
Forbes 2023 Richest Korean, Kim Byung-ju, slipped to second this year with assets worth $9.7 billion. The third place went to Seo Jung-jin, honorary chairman of Celltrion, with assets of $7.5 billion.
Cho Jung-ho, chairman of Meritz Financial Group, ranked fourth with $6.2 billion, and Chung Mong-koo, honorary chairman of Hyundai Motor Group, was fifth with $4.6 billion.
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Samsung established an AI chip design-dedicated Advanced Processor Lab in Silicon Valley, US. Formerly known as the Advanced Institute of Technology, Samsung’s SAIT is said to have formed the new Lab to strengthen its AI chip R&D in the US.
BusinessKorea reports that the new Samsung Advanced Processor Lab to focus on developing next-gen AI semiconductor design assets in the US. The assets are said to be focused on the RISC-V area, which serves as a foundational design asset for semiconductor chip design.
Samsung’s initiative with RISC-V is interpreted as a move towards technological independence. Therefore, the company is expanding its R&D organization in Silicon Valley, aiming to enhance design capabilities to disrupt the market currently dominated by NVIDIA.
Amid the booming AI era, the market of advanced semiconductors is also expanding. Samsung has completed the development of its Mach-1 AI semiconductor and supplied prototypes to global firms including Korea’s Naver. The company has also started the development of Mach-2.
Under the CHIPS Act, Samsung received huge subsidies to boost investment in the US. It’s worth noting that the Biden govt awarded a 12% subsidy of Samsung’s total investment, which is significantly higher than Intel and TSMC’s subsidy.
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Samsung’s first 3nm Exynos 2500 chip could outpace Snapdragon 8 Gen 4 in power efficiency. Both chipsets will power the next-gen Galaxy flagships, scheduled for an early 2025 launch. Recent input suggests that Exynos is returning as a tough rival to Snapdragon.
The Exynos 2500 will be made on Samsung’s 2nd-gen 3nm process technology. The S24’s Exynos 2400 chipset impressed the industry with significant improvements over its predecessor. The company appears to be leveling up the game next year.
Thanks to the cutting-edge process node, Samsung’s next Exynos could finally surpass its Snapdragon counterpart in power efficiency. The company may utilize its advanced FOWLP in the Exynos 2500 to make it run at higher clock speeds at the same power consumption level.
Qualcomm is facing power efficiency concerns with its recent Snapdragon chips. Due to reduced efficiency, phone makers are forced to bring up to 5000mAh battery. Samsung apparently seized this opportunity to bring back its in-house Exynos back to the contest.
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