Samsung smartphones get price-cuts, Galaxy S5 now available for Rs 37,500

Samsung has silently slashed the prices for a few of their smartphones in India. The list includes the Galaxy Ace NXT, Galaxy Star Advance, Galaxy Grand Neo, Galaxy S3 Neo, and Galaxy Note 3 Neo. The Samsung Galaxy Ace NXT is now available at Rs 6,620 and the Galaxy Star Advance is available at and Rs 6,790 respectively on the company’s online India e-store website where as they both were launched at a price of Rs 7,400. The Galaxy Grand Neo is now available at Rs 13,668. The launch price was this smartphone was Rs 18,450 but in April, it received a price-cut and was down to Rs 17,100 from it’s original price. The Samsung Galaxy Note 3 Neo is now available at Rs 24,378 compared to its earlier price tag at Rs 29,570, which is a significant drop from its launch price of Rs 38,990. Finally, the Samsung Galaxy S3 Neo was launched at Rs. 26,200 but has now dropped to a whopping Rs. 20,910. Roughly six months ago, the pricing for the Samsung Galaxy S5 was brought down to Rs 48,880.  A few weeks back, Samsung had slashed the price of its flagship smartphone in India to Rs. 43,250 which has now been further cut down to Rs. 37,500 on the company’s online store. Samsung has been facing a loss in profit margins  since the past few months as its competitors are offering the same features at an affordable price. Samsung’s latest smartphone, **the Samsung Galaxy Note 4** was launched at a price of  Rs 56,000 in India. The pricing for this smartphone has not been affected.