HomeMobilesSamsung cuts down prices of Galaxy M21 and Galaxy A50s in India

Samsung cuts down prices of Galaxy M21 and Galaxy A50s in India

The prices were increased after the announcement of new GST rate for smartphones.

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After the implementation of Modi-led government’s new GST rate for phones, the major smartphone players like Samsung, Apple, Xiaomi, etc. had hiked the prices across segments. However, now news is rife that the prices of Samsung Galaxy M21 and Galaxy A50s handsets have been slashed in India.

According to 91Mobiles, the prices of both Samsung Galaxy M21 and Galaxy A50s the handsets were increased last month after the government has introduced new GST rate increase. Looking at Samsung Galaxy M21 smartphone, it was discovered that the 4GB RAM + 64GB storage model was priced at Rs 14,222 then, while the 6GB RAM+128GB storage variant was selling for Rs 16,329. However, now the reduced price of 4GB RAM+64GB storage variant is Rs 13,199. On the other hand, the 6GB RAM+128GB storage model of Samsung Galaxy M21 comes for Rs 15,499 on the company’s online official store in India.

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As far as Samsung Galaxy A50s is concerned, the increased prices of the 4GB RAM+128GB storage variant and 6GB + 128GB variant were Rs 21,070 and Rs 26,900, respectively. Now, the prices of both the model of Samsung Galaxy A50s has been reduced as the 4GB RAM+128GB storage variant and 6GB + 128GB model can be taken home for Rs 18,599 and Rs 20,561, respectively. Mind you! The newly updated prices have been clearly listed on Samsung India website.

If you are wondering about the status of deliveries, it is important to note that the devices can be handed over only in green and orange zones as of now as the lockdown period owing to COVID-19 pandemic has been extended till May 17 by the Government of India.

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Notably, the new ruling from the Ministry of Home Affairs (MHA) allows e-Commerce companies to gradually resume selling non-essentials products like smartphones and laptops only in green and orange zones. However, red zones will continue to witness deliveries of essential products only.

Recently, Samsung has reported financial results for the first quarter ended March 31, 2020. Total revenue was KRW 55.33 trillion, a decrease of 7.6 percent from the previous quarter mainly due to weak seasonality for the Company’s display business and Consumer Electronics Division and partially due to effects of COVID-19. From a year earlier, revenue rose 5.6 percent due to increasing demand for server and mobile components.

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