Earlier this week, we reported about a drop in the price of Samsung's latest flagship – Galaxy S5 in India. Although the price drop seemed like a kneejerk reaction to combat the launch of HTC One M8 in India, Samsung is coming out clean claiming the price of the Galaxy S5 “remains unchanged”.
The launch price of Galaxy S5 in India was Rs. 51,500 ($840) and it continues to be the same. Do note that this is the maximum retail price (MRP) and market operating price (MOP) is lower and still undercuts HTC One M8 as it's evident from the Flipkart page.
Here's the Samsung statement in full.
Samsung Electronics, India’s leading smartphone manufacturer, today clarified that the market price of the Galaxy S5 has not been slashed by the company. Samsung Electronics’ flagship smartphone, which was launched in March 2014, continues to be priced at Rs. 51,500. Galaxy Gear 2 is priced at Rs. 21,900 and both Galaxy Gear 2 Neo and Galaxy Gear Fit are priced at Rs. 15,900 each. This pricing is based on robust demand and increasing sales. The company further added that reports claiming Samsung Electronics has revised prices of Galaxy S5 are false and baseless. Galaxy S5 was made available in India through Samsung’s retail stores and online sites starting April 11, 2014.
