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A week is all it took. Samsung Galaxy M47 5G, which went on sale in India on July 4, is already selling at a higher price than what buyers paid at launch.

The base 6GB/128GB variant launched at Rs 25,999, while the launch offer further discounted the price to Rs 22,999. However, the same variant is now selling on Amazon India for Rs 32,999, an increase of Rs 7,000. 

Samsung Galaxy M47 5G

The other two variants saw similar jumps. The 8GB/128GB model, launched at an effective Rs 25,999, now sells for Rs 36,999. The top-end 8GB/256GB version, which started at Rs 30,999, is listed at Rs 41,999. Both variants cost Rs 8,000 more than their launch-week prices.

Samsung Galaxy M47 price hike doesn’t add up

Smartphone prices in India have been climbing for months now, and this isn’t an isolated case. Brands across the board have raised prices on multiple models over the past year. 

Nothing, Realme, and Xiaomi are raising the prices of existing devices to offset rising memory costs. But the trend makes sense for phones that launched before memory costs spiked, since brands need to adjust for expenses they didn’t originally plan for.

Samsung Galaxy M47 5G

What doesn’t add up is Samsung doing the same thing to a phone it launched only a week ago. If the M47 5G was priced at INR 25,999 on July 4 — even less with a discount — Samsung already knew what memory and components cost at that point. 

Raising the price so soon after launch looks less like a response to changing costs and more like the launch price was never meant to stick around. If that’s true, Samsung basically used a short-lived offer to draw in early buyers before settling on a higher price. 

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Rajesh Regmi is a tech journalist based in Nepal, currently writing for Gizmochina, where he covers leaks, launches, and industry news. Before joining Gizmochina, he contributed to Gadgetbyte, a popular Nepali tech portal known for gadget news and reviews, as well as Spill Some Beans, where he covered PCs, werables, Android updates, and tech leaks. You can find him enjoying anime in his free time.