LONDON: Samsung’s Galaxy S6 Edge Smartphone costs more to produce than Apple’s top-range iPhone 6 Plus.
According to analysis by research firm HIS, the 64 GB version of the Galaxy S6 Edge for use on Verizon networks costs US$290.45 to build, including $284.85 for parts and $5.60 for assembly, and the retail price is $799.99.
IHS said the Galaxy S6 Edge is the most expensive to make of Samsung’s Galaxy S series.
In contrast, the iPhone 6 Plus costs $240.05 to build $236.04 for parts and $4.01 for assembly but it sells for $849.99, so Apple as usual makes a much fatter profit per phone.
But both Apple and Samsung ratchet up profits by increasing memory space. Each time memory capacity doubles, the retail price of a Smartphone rises by $100. But it only costs between $13 and $26 to boost the memory devices.
