The Nexus 5 is doing incredibly well, sales-wise, in South Korea. The country that is home to the handset’s maker, LG, seems to love the Nexus 5′s pricing especially. The device was launched over there on November 21.
And in just a week it’s entered the Top 5 of smartphone sales in the country. The Nexus 5 can be bought in Korea for 400,000 won, which is around $377 or €277. That’s a bit more expensive than what you may expect if you judge coming from its Google Play price in the US, but note that in this case it’s being sold by carriers – and no matter where you are in the world, if you buy a Nexus 5 from a carrier it’s going to cost more than at Google’s Play store. And actually, the phone is a lot cheaper in Korea than in other places where it’s not being sold through the Play Store.
It’s about half the price of other high-end devices in LG’s home market, though, which made it overtake the curved G Flex as well as the Pantech Vega Secret Note in the sales charts. The Korea Economic Daily speculates that for a device that’s being produced in limited quantities, and with virtually no marketing expenses attached, the Nexus 5 has achieved an “outstanding sales performance”.