The new Samsung Galaxy Ring is currently only available to pre-order in six countries. Samsung likely has a good reason for this limited availability, likely because it’s a niche device and not a phone. Still, there will likely be plenty of people outside of these regions who want a smart ring.
Where is the cheapest country to buy the Galaxy Ring?
After searching Samsung online stores in dozens of countries, it appears that the Galaxy Ring is available for pre-order in only six places at the time of writing. The table below shows the local price of the ring in each country and the corresponding USD price on the release date.
Country | Local Price | USD Equivalent |
---|---|---|
South Korea
|
499,400 KRW
|
$360
|
United States
|
400 USD
|
$400
|
China
|
2,999 CNY
|
$412
|
Germany
|
449 EUR
|
$489
|
France
|
449 EUR
|
$489
|
United Kingdom
|
399 GBP
|
$515
|
In US dollar terms, South Korea is the cheapest place in the world to buy a Samsung Galaxy Ring. The retail price of 499,400 Korean won equates to about $360, nearly $40 less than the price of the device in the US. It’s also one of only two Asian countries where the ring is available, likely because South Korea is Samsung’s country of origin.
The US is second on the list, but keep in mind that the US price doesn’t include sales tax. US residents buying the ring will likely pay closer to $440 or $450 by the time it’s delivered. Non-Americans visiting the country can claim a refund of this tax when they leave the country. This little tourist perk applies to anyone outside of their country of residence. So Americans abroad should be able to get the Galaxy Ring for the prices in the table above. Some countries include sales tax in the selling price, so you might even be able to claim back some of the cost of the device at the airport.
The most expensive place to buy a Galaxy Ring is the UK, where this portable device costs the equivalent of $515. The other two European countries that offer it aren’t much cheaper. Germany and France charge $489 each.
If, while traveling, you notice that the device is available for significantly less than the advertised price, this is a red flag. The ring won’t be available to the public until July 24th, so direct cash discounts are unlikely at this time. Most sellers around the world are honest brokers, but some may try to scam you out of your money by offering replicas and other scams.
Should You purchase the Galaxy Ring other countries?
This depends on where you live. For many technology fans around the world, they have no choice but to buy the Galaxy Ring in another country. This poses some potential hurdles, such as possible software locality and difficulty in claiming a warranty from another country. These are details for those who are determined to buy the ring, but we encourage you to consider all factors before making a purchase.
For those who can pre-order at home, the situation is different. For these lucky people, it will probably be easiest to get it in your home country. Even if you do manage to save money abroad, shipping costs to another country will far exceed the price differentials shown in the table, and you’ll likely encounter the same obstacles as above.
Plus, you might get discounts on your device sooner than you think, especially if sales don’t meet Samsung’s expectations. Special offers are usually available on even some of the most popular Galaxy devices within a few months of launch, with big sales events like Black Friday in the not-too-distant future.
Why is the Galaxy Ring cheaper in some countries than others?
Samsung incurs different costs in each region it sells its products in, including import taxes and domestic shipping fees. All of these are taken into account when pricing its latest devices, so it makes sense that the Galaxy Ring has one for each region. Different countries sell at different prices. The profit margin Samsung makes from consumers in each country also takes into account.
The selling price of Galaxy Rings expressed in dollars fluctuates because global financial markets fluctuate daily. This makes it easier to make small comparisons, but also means that the table above will look different in a month or a year.
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