Samsung reportedly launching own leasing program to boost salesSeptember 21, 2015 - 15:07 AMT PanARMENIAN.Net - Samsung electronics giant is planning to launch a program for leasing its Galaxy phones in the U.S. market, similar to the one Apple announced just weeks ago, according to an industry executive with knowledge of Samsung’s plans, Forbes reports. Samsung may be launching this leasing program in the next several months, although that timeline may accelerate, the executive said. “It’s a no brainer why they wouldn’t do this,” the source said. Samsung’s exact pricing scheme for its leasing program could not be determined at this time. For years, smartphone hardware was subsidized by big wireless carriers in the U.S. that locked customers into two-year contracts. Now, the carriers have been moving away from that, forcing many customers to buy their own hardware. The lack of subsidies threatens sales for high-end phones like the Apple’s iPhone and Samsung’s Galaxy series. As a result, Apple announced its own program for making its pricey hardware more accessible to a wider swath of the population. Now, it looks like Samsung wants to make sure its devices are also within reach for consumers. Samsung has not yet responded to requests for comment. Top stories Yerevan will host the 2024 edition of the World Congress On Information Technology (WCIT). Rustam Badasyan said due to the lack of such regulation, the state budget is deprived of VAT revenues. Krisp’s smart noise suppression tech silences ambient sounds and isolates your voice for calls. Gurgen Khachatryan claimed that the "illegalities have been taking place in 2020." Partner news Most popular in the section | Court in Azerbaijan extends former Karabakh leader’s arrest by 5 months The Binagadi District Court in Azerbaijan has granted the prosecutor’s petition to extend the arrest of Arkady Ghukasyan. U.S. still believes “peace is possible” between Armenia, Azerbaijan The United States continues to believe that peace is possible between Armenia and Azerbaijan, Vedant Patel says. Dozens detained as antigovernment protest continue in Armenia At least 63 people demanding Prime Minister Nikol Pashinyan’s resignation were detained on May 14 as they blocked streets in Yerevan. Family of Ilham Aliyev’s security chief owns vast property in UK As head of security for Azerbaijan’s president, Eyyubov is closely trusted by one of the world’s most authoritarian leaders. |