Samsung is often accused of "following" Apple's path and it seems like they are planning to do some following once again! This time around, it isn't a feature but a business model called the iPhone Upgrade Program which Apple uses to make upgrading to the latest model of the iPhone easier for their customers. Reportedly, Samsung may start something similar as well with their Galaxy S7 and Galaxy S7 Edge smartphones. Initially, the leasing program will most likely be available only through the Samsung Digital Plazas in South Korea. LG Uplus, SK Telecom and KT are going to be Samsung's partners in the program in South Korea.
In the US, you are allowed to lease an iPhone 6s (16GB) at $32 per month for two years. As part of the upgrade program, the 6s can be exchanged a year later for the next iPhone, provided that you are okay with the new revised lease starting all over again. From what we have heard so far, Samsung's upgrade model will be exactly the same with the Galaxy S7 series with one addition; the customer will have to opt for a Samsung credit card in order to avail the upgrade program and pay out the lease with zero interest. With all the similar programs that are already offered by carriers like AT&T and Verizon in the US, will this be of any use to customers over here?