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Last updated: November 18th, 2015 at 11:34 UTC+01:00
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According a report from Korea Herald, the South Korean smartphone giant is planning to release budget smartphones with high-end features such as fingerprint sensors and Samsung Pay. There's no information on the timeline of the release of these new devices, but it is expected that Samsung Pay will be available in mid-range and budget smartphones as early as the first half of 2016.
A major obstacle in equipping devices with biometric sensors would be the price of those components, but we reported a couple of years back that the company was working to bring down the cost of such components. Chinese brands like Huawei and Coolpad have already released smartphones with fingerprint sensors at much lower price points. The Coolpad Note 3 was launched in India a couple of months ago with a price tag of just $135.
Also Read: FingerSecurity for protecting apps using your fingerprints on supported Samsung Galaxy devices
Samsung is trying to improve its position in the mid-range and budget segment by introducing these high-end features. Samsung tops 14 out of 15 emerging markets including Egypt, India, Indonesia, and Turkey due to robust performance of budget Galaxy smartphones. The company has a market share of more than 40 percent in countries like Egypt, Portugal, Romania, the Netherlands, and Turkey.
Asif is a computer engineer turned technology journalist. He has been using Samsung phones since 2004, and his current smartphone is the Galaxy S21 Ultra. He loves headphones, mechanical keyboards, and PC hardware. When not writing about technology, he likes watching crime and science fiction movies and TV shows.
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