Samsung reportedly wants to sell you refurbished phones

In a bid to maintain its earnings momentum and smartphone market share around the globe, Samsung is reportedly working on a plan to sell refurbished handsets from its own brand.

According to Reuters’ sources, Samsung wants to maximize its cost efficiency and keep operating margins above 10 percent. As such, it will refurbish high-end phones returned to the company by users who’ve signed up for one-year upgrade programs in markets like South Korea and the US; it will then sell these devices at lower prices.

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