Friday, March 4, 2011

SAMSUNG TO PROBABLY DROP PRICE ON NEW TABLET DUE TO iPAD 2


In light of Apple's iPad 2 launch this week, Samsung is reconsidering pricing for its unreleased Galaxy Tab 10.1. Samsung's new tablet is a larger version of its popular 7-inch version and will run Android 3.0 Honeycomb. According to Samsung VP Lee Don-Joo, Samsung will be looking at the hardware and pricing models "improve the parts that are inadequate." While he wasn't specific regarding exactly what Samsung would evaluate he did mention that "Apple made [the iPad 2] very thin."

Samsung was going to price the Galaxy Tab 10.1 higher than the 7-inch model, but if the hardware is inferior to the iPad 2, they may keep the pricing the same and take either less profit or a small loss on the hardware to make the tablet a success.

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