Samsung is planning a refurbished smartphone program for next year, according to "a person with direct knowledge of the matter" who spoke to Reuters about this. The program will involve only the Korean companys premium models. The source doesnt name names, but we wouldnt be surprised if it applied to such handsets as the Galaxy Note7, S7, and S7 edge only (and possibly some of their predecessors).
Samsung will refurbish the units that are returned to it by users of one-year upgrade plans in markets such as the US and South Korea. After the refurbishment is complete, the company will sell the devices once more, but at lower prices than what youd need to pay for a new unit of course.
Exactly how much cheaper the refurbs will be compared to a new phone hasnt been mentioned, unfortunately. We also dont know where such manufacturer-refurbished high-end Samsung phones will be available, though the US and South Korea seem like pretty safe bets given that they will be the markets in which the handsets were originally used. Additionally, its unclear how much the refurbishing process will alter the devices, but typically this can involve replacing the battery or the casing.
Apple already sells refurbished iPhones in some markets, and Samsung probably wants to follow suit in order to fend off Chinese competitors that are offering budget-priced smartphones with good or even great specs. The logic here is that some people may choose a refurbished Samsung Galaxy Note7 over a OnePlus 3, for example - if this were to happen today and if this program would succeed in making the Note7 a lot cheaper than it is when buying a new one.
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