Samsung and Apple may soon have more in common as the former will reportedly be offering a leasing program for the Galaxy S7 and Galaxy S7 Edge units. According toi reports, the leasing program will also be including annual upgrades which can possibly bring Samsung closer to Apple. Will the Korean tech giant succeed?
It was in September when there was quite a buzz about Samsung’s new leasing program but it was only until recently that this has been confirmed. The leasing program will be launched alongside the Galaxy S7 and S7 Edge handsets on March 11, starting in South Korea. Similar to Apple’s iPhone leasing program, consumers can use the handsets for a year for just paying the monthly fees.
They will also be able to upgrade to newer units under the program, according to ZDNET. Users must sign a 24-month contract which includes a monthly installment plant. Nonetheless, should they choose to upgrade to newer models within 12 months, they will be exempted from the remaining monthly payments.
Initially, Samsung will be offering the plan only through its Samsung Digital Plaza in South Korea including its physical stores. The program will be available once the sales begin. In another report from Phone Arena, it appears like Samsung has started shipping its newest lineup of handsets. Last Sunday, T-Mobile already began shipping its pre-orders. There are also now reports that AT&T and Sprint have also started sending out their pre-ordered Samsung Galaxy S7 and Galaxy S7 Edge units. Take note that the official launch of the handsets globally will be on March 11.
The best news for T-Mobile, AT&T and Sprint customers is that they will get the handset one week earlier than anticipated. Other markets should follow soon. Consumers can confirm their respective networks on the estimated time of release.