As growth in the global smartphone market hits a plateau, Samsung wants to maximise its cost efficiency and keep operating margins above 10%. The person declined to say how big a discount the refurbished phones would be sold at, which markets the phones would be sold in or how many refurbished devices Samsung could sell. It was not clear to what extent the phones would be altered, but refurbished phones typically are fitted with parts such as a new casing or battery. Refurbished phones could also appeal to enterprise clients who want certain security or software products pre-installed on phones to give to their employees, the source said. The risk of offering refurbished devices is that they could potentially cannibalise sales of Samsung's other mid-tier devices.

Source: thestar August 22, 2016 08:08 UTC