Samsung is reportedly going to refurbish high-end smartphones returned by customers who signed up for one-year upgrade programs in countries such as the United States and South Korea. It will then sell those smartphones again but at a lower price. The report doesn't say how much the discount will be on refurbished handsets and in which markets Samsung is going to sell these units it. Samsung hasn't confirmed anything about this program as yet. When contacted by the scribe, a spokeswoman for Samsung said that the company does not comment on speculation.
Apple is already in the business of selling refurbished iPhones and even though it doesn't reveal sales figures for refurbished units, the fact that its program has been around for so many years goes to show that it must be working for Cupertino. Refurbished handsets are cheaper and usually come with a warranty so it would be great for Samsung's position particularly in developing markets where many customers can't purchase a new high-end smartphone but might find a refurbished unit well within their budget.
