Samsung's Galaxy Note 20 may not be as expensive as you'd expect

Galaxy Note 20 Mystic Bronze
Galaxy Note 20 Mystic Bronze (Image credit: Samsung)

What you need to know

  • Samsung's upcoming Galaxy Note 20 will reportedly be more affordable than its predecessor.
  • It is tipped to be priced at KRW 1.2 million ($999) in South Korea.
  • The Galaxy Note 20 Ultra, on the other hand, is expected to cost KRW 1.45 million ($1,207).

Earlier this week, tipster Ricciolo had suggested that the Galaxy Note 20 and Note 20 Ultra would be Samsung's most expensive Note devices yet. However, a new report from Korean publication Naver contradicts the leaker's info and claims the Note 20 will actually be more affordable than expected.

According to the report, Samsung is anticipating lower demand for the Galaxy Note 20 series this year, mainly due to the coronavirus pandemic. In response to the weak consumer sentiment globally, Samsung has apparently decided to price the Galaxy Note 20 at KRW 1.2 million ($999) in South Korea. In comparison, the Galaxy Note 10 was launched in the country last year at KRW 1.25 million ($1,040).

The Galaxy Note 20 Ultra, on the other hand, could be priced at KRW 1.45 million ($1,207) in South Korea, lower than the KRW 1.5 million ($1,248) launch price of the Galaxy Note 10+. If the information is accurate, the Galaxy Note 20 could be priced under $950 in the U.S, while the Galaxy Note 20 Ultra could start around $1,049.

Samsung Galaxy Note 20 and Note 20 Ultra are set to be unveiled at the company's first virtual Unpacked event on August 5. They are expected to go on sale in the U.S. and several other markets across the globe on August 21. The U.S. variants of both phones are expected to feature Qualcomm's new Snapdragon 865+ chipset, while the international variants are likely to be powered by the 6nm Exynos 992.

Babu Mohan
News Writer
  • Yeah that's not happening. $999 minimum for the regular Note 20. Some of the rumors out there have it at $1099 or higher.
  • The Korean variant also uses the exynos chipset which I'm guessing being an in house made soc is probably cheaper than the SD that gets sold in the us, so might be cheaper in Korea, but doubt it will be here. But, I'm hoping this report is right.
  • This is not true, the recent S20 series in Korea used Snapdragon 865
  • I'll believe it when I see it.
  • No phone holds it value. Only a fool buys a phone on day 1 or month 1. August, 2020 will be the correct time to buy last year's Note 10. August, 2021 will be the correct time to but the Note 20. Within a couple of years, I predict starting prices for ultra premium phones will crater at least $200.