Samsung Galaxy S7 actually costs Rs 15,750 but priced at Rs 48,900

Zee Media Bureau

New Delhi: Samsung has recently launched its much anticipated flagship smartphones Galaxy S7 and Galaxy S7 Edge in India.

The Galaxy S7 is priced at Rs 48,900 for 32GB version while Galaxy S7 Edge is available at a price of Rs 56,900 (32GB).

However, a Times of India report, quoting market analyst IHS, said that the actual price of the phone roughly comes at approximately Rs 15,750.

This price is exclusive of “costs related to software research, R&D, marketing, distribution among other taxes and charges” it said.

The Samsung Galaxy S7 runs on an Octa core (2.3GHz Quad + 1.6GHz Quad), 64 bit processor and has a 4GB RAM. As per the IHS report, the phone's Qualcomm's Snapdragon 820 chipset is estimated to cost $62, camera module comes at around $14 while the overall assembly charge is around $6.

It states that Galaxy S7's total bill would not exceed $255.

The 5.1-inch Galaxy S7 is constructed with 3D glass and metal and is water and dust resistance. It can stay submerged for up to 30 minutes in a meter and a half of water.