Galaxy Note 20 Ultra may give us a pleasant surprise

July 11, 2020    news    Comment   

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Couple of days ago, the Galaxy Note 20 Ultra was revealed in a hands-on video. The video showcased the design of the handset coupled with a new S-Pen feature. At this point it wouldn’t be wrong to say we know almost everything there’s to know about the handset. Well except maybe a couple of S-Pen features.

The price is still a mystery. A few days ago we saw the prices for the Note 20 and Note 20 Ultra. It didn’t paint a good picture. Because the prices were even more expensive than the S20 Ultra. That ignited a huge backlash from a lot of us and rightfully so. Because these prices were literally getting out of hand.

Now it looks like Samsung is considering a price drop for the Galaxy Note 20 family. Because now they are expecting a lower demand for this year’s Note phones. South Korean media is reporting that demand for Samsung’s flagship phones is faltering. As seen by the poor sales figures of the Galaxy S20 family. Where the sales were cut in half compared to the Galaxy S10 family.

Of course part of that is due to the pandemic but markets are opening right now. The majority of countries have eased down the lockdown and the economy is slowly getting back on track. But the industry insiders are saying that the sales figures for the Galaxy S20 series aren’t getting back to normal.

So experts believe the main reason the phones aren’t selling well is the outrageous prices. So Samsung doesn’t want to make the same mistake again. They might actually give in and reduce the expected prices of the Galaxy Note 20 and Note 20 Ultra.

We have reports from South Korea indicating the prices for the Note 20 variants in that country. The industry sources believe the Galaxy Note 20 will launch at 1.2 million Korean won (~$999). This is slightly lower than the Galaxy Note 10’s launch price of 1.25 million Korean won (~$1,040). It is a drop of almost $40 compared to the last year’s Note 10.

The US launch price for the Note 10 was $949. If this is any indication. We might see a similar drop in price in the US as well for the Note 20. The report also suggests that the Galaxy Note 20 Ultra will be priced at 1.45 million won. Which is nearly $1,207 if you do the direct currency conversion.

For context, the Galaxy Note 10 Plus 5G had a price tag of 1.5 million won. Nearly $1,249 when it was released in South Korea. So here we see another $40 decrease in price year over year. For context, the Galaxy Note 10+ 5G was launched at $1300 in the United States.

If these reports from South Korea then the Note 20 might be priced lower than the Note 10. The Note 20 Ultra could be priced lower than the 5G version of the $1300 Note 10+. Purely judging by these reports these could be the prices in the United States. Which is certainly way better than the report from Greece we had a few days ago. That said there would be an increase in price compared to the S20 Ultra.

It makes you wonder are they really going to price the Note 20 Ultra lower than the S20 Ultra. Because if they do it, it would certainly take away the sales from the S20 Ultra. Although this report is too good to be true. It make sense considering the low demand for the S20 and the market condition right now. People are hesitant to spend this kind of money on a phone.