Galaxy Note 8 price in South Korea might cross 1 million won

Samsung has confirmed pricing for the Galaxy Note 8 in several markets across the globe. However, customers in its home market of South Korea still don’t know how much it’s going to charge them for its new flagship. That’s because Samsung is yet to set the Galaxy Note 8 price in South Korea.

The government of South Korea wants to cut down telecom costs and that’s making it difficult for Samsung to decide on local pricing for its new flagship smartphone. It hasn’t even started taking pre-orders for the Galaxy Note 8 in South Korea.

Samsung’s mobile chief DJ Koh previously said that the company will try to keep the Galaxy Note 8’s price below one million won or $890. He has since apologized for setting that expectation. Koh says that it will be “extremely difficult” for Samsung to keep the price below one million won.

Industry sources cited in a report out of the country suggest that the 64GB Galaxy Note 8 price in South Korea will be 1.09 million won or $962. The 256GB variant might cost 1.25 million won or $1,100.

If Samsung ends up charging these prices for the Galaxy Note 8, then customers will have to pay slightly more than the 989,800 won or $875 they paid for the ill-fated Galaxy Note 7 last year.

Samsung is going to confirm the final Galaxy Note 8 price in South Korea on Thursday.

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