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Galaxy S24 Subsidies Confirmed by SKT, KT, LGU+, and More: Details and Impact on Consumers

Announcement of Galaxy 24 subsidies from SKT, KT, LGU+, etc.
It is confirmed that the publicly announced subsidy was between 50,000 and 240,000 won.
The most support is available if you spend 120,000 to 130,000 earned per month

Mobile phone shop in Seoul. random news

Three telecommunications companies, including SK Telecom, KT, and LG U+, have confirmed the public subsidy for Samsung Electronics’ new flagship smartphone ‘Galaxy S24 Series’ at a maximum of 240,000 won. When the government recently announced that it would repeal the Terminal Distribution Act (SMT), there were expectations among consumers that the subsidy ​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​for the Galaxy S24 would increase, but there is no significant difference from what telecommunications companies originally predicted. Accordingly, while it would seem that it would be advantageous for consumers to have contract discounts that give a 25% discount on communication charges, interest is growing as to whether consumers will flock to ‘holy places’ such as so called who pay more than the subsidy level. set by law.

According to the telecommunications industry, the three telecommunications companies confirmed and revealed the public subsidy for the Galaxy S24. It varies from a minimum of 50,000 won to a maximum of 240,000 won. There is no significant difference from the publicly announced subsidy level originally announced by telecommunications companies.

KT is where the public subsidy of 240,000 won is applied. KT provides a public subsidy of 240,000 won when using a rate plan of 130,000 won per month (based on 24 months). The minimum subsidy level is 50,000 won. This applies to users who opt for the monthly plan of 28,000 won.

LG U+ pays public subsidies ranging from 52,000 won to 230,000 won. LG U+ also requires a plan of 130,000 won per month to receive a subsidy of 230,000 won. On the other hand, if you use the youth plan, which costs around 29,000 won per month, the minimum subsidy of 52,000 won is applied.

A publicly announced subsidy from SK Telecom is in the range of 100,000 to 200,000 won. In order to receive a subsidy of 200,000 won, users must choose a plan (5GX Platinum) of 125,000 won per month. If the monthly plan is about 49,000 won (Basic), the support provided by the telecom company is only 100,000 won.

Lee Sang-in, Vice Chairman of the Korea Communications Commission, explains details related to the repeal of the Terminal Classification Act at the Seoul Government Complex on the 22nd. random news

Recently, there has been speculation in the industry that telecommunications companies will adjust their publicly announced subsidies higher than originally announced. This is because the government announced its intention to repeal the Short Term Communications Act and President Yoon Seok-yeol ordered a speed war. However, it appears that telecommunications companies are less proactive than some expected.

It seems that it would be advantageous for users to apply an optional contract that provides a 25% reduction in fees compared to the publicly announced subsidy. Assuming you receive the maximum publicly announced subsidy, you will have to pay a total of approximately 3 million won in communication fees over two years.

Meanwhile, the official launch of the Galaxy S24 series in Korea is on the 31st. The factory price for the base model is 1,155,000 won for 256GB and 1,298,000 won for 512GB. The Plus model is priced at 1,353,000 won for 256GB and 1,496,000 won for 512GB. Ultra costs 1,698,400 won for 256GB, 1,841,400 won for 512GB, and 2,127,400 won for 1TB.

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