Galaxy S7 Costs Samsung About What the S5 Did; Amazon Applies for Pay By Selfie PatentPosted: March 14, 2016
Costs are dropping for high end smartphone components apparently. 9to5google.com reports that an IHS teardown shows it costs Samsung about $255 to make the new Galaxy S7. That’s in the same range as the S5 cost 2 years ago. The priciest item? The Qualcomm quad core Snapdragon 820 processor at $62. In the US, the S7 sells for $670 unsubsidized, so Samsung pulls in $415 each on them. Of course, they have to cover marketing, R&D, software development, etc, so that’s not all pure gravy.
Amazon has filed a patent application for a process that lets people pay by selfie, instead of keying in their password. According to recode.net, it’s a companion patent for one Amazon has on tech to verify a user by photo or video. Amazon believes this will encourage customers to buy when they’re out and about, or chatting with friends….you do that right? ‘Wait a minute, I’ve got to buy this thing right now from Amazon?’ All joking aside, it actually should be a simpler and safer way to log in than remembering a password.