The upgrade plan is first expected to start in Korea, with a subsequent rollout in the United States and then other countries. As of now, no details regarding the price have been announced. Consumers will be able to pay a monthly rental fee and hand the phone back in after 12 months, swapping it out for the next model.
It is told that the buyer can rent the phone and pay for it every month for the next 12 months, and then return the phone and receive a brand new smartphone! The report adds that the idea behind the flexible purchase options is to offer a new phone upgrade ever year to users and also, keep them as their customers.
The launch of the Samsung Galaxy S7, S7 edge and S7 edge+ could be announced simultaneously at MWC 2016 next month. Most likely all three smartphones will come with the same hardware, with the only difference being the display size and form factor. The standard S7 is expected to pack in a flat display, while the S7 edge and the edge+ are expected to pack in a dual-edged curved display. According to the rumours so far, all the three variants are expected to have a Quad HD resolution.
As for the internals of the Samsung Galaxy S7 and its siblings, they are expected to utilize chipsets coming from both Samsung and Qualcomm. The Samsung chipset in question is the Exynos 8890, while the Qualcomm variants would pack in the Snapdragon 820 chipset. It was recently revealed that it is Samsung themselves, who would be building the chipsets for Qualcomm.
Watch the video by Samsung about their next flagship smartphone.