Samsung Galaxy Note 3 and Galaxy Note 3 Neo Receive Price Cuts in India

Both the smartphones are now available with the new prices via the company's official India online store. The Samsung Galaxy Note 3 (Review | Pictures) is now priced at Rs. 40,698, down from the previous price tag of Rs. 47,990. The Samsung Galaxy Note 3 Neo (Review | Pictures), on the other hand, is now priced at Rs. 29,570, down from its earlier price of Rs. 33,990.

Notably, the South Korean giant is also teasing the new price cuts for the Galaxy Note 3 and Galaxy Note 3 Neo smartphones in India via newspaper and TV advertisements.

In April, the Galaxy Note 3 Neo received an official price drop to Rs. 33,990, down from the smartphone's launch price of Rs. 38,990.

Samsung launched the Galaxy Note 3 in India at Rs. 49,900 last year, while the Galaxy Note 3 Neo went on sale in January.

Samsung is famous for quietly slashing prices of its devices as the company officially slashed the price of the Galaxy S4 (Review | Pictures) and Galaxy S4 Mini in May. Last month, the company slashed the price of its Gear Fit fitness band to Rs. 12,100, down from its launch price of Rs. 15,450

Prior to this, Samsung, in an attempt to dismiss reports about a possible price cut in the Galaxy S5, had to clarify by issuing an email statement to the media that said, "reports claiming Samsung Electronics has revised prices of Galaxy S5 (Review | Pictures) are false and baseless" and the Galaxy S5 "continues to be priced at Rs. 51,500."