Samsung's Galaxy S5 Bucks Adverse Conditions

      April 24, 2014 12:45

      Samsung's new Galaxy S5 smartphone is off to a rocking start despite adverse conditions as the nation's three mobile carriers are temporarily banned from attracting new subscribers.

      SK Telecom, KT and LG Uplus sold a combined 200,000 Galaxy S5s in the 26 days since the gadget's launch on March 27.

      They sold 25,000 smartphones a day on average, and 7,700 of them were Galaxy S5s, accounting for 32 percent of total sales.

      The figure is close to the sales volume of its predecessor, the Galaxy S4, that stood at 260,000 units in the first 26 days.

      Sales of the Galaxy S5 bucked concerns that the smartphone market is approaching saturation.

      This is largely attributed to its comparatively low price, which at W866,800 is around W200,000 cheaper than the Galaxy Note 3 (US$1=W1,041).

      It is also cheaper than rivals like LG's flagship G Pro 2 (W999,900) and Apple's iPhone 5S (W946,000).

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