Income+
The smartphone ownership guide
Tan Jee Yee | 12 Oct 2018 00:30
It’s hard to imagine a life without smartphones now. Essentially tiny computers in our pockets, smartphones are not only a prevalent means of communication, but also gateways to other aspects of our lives, be it social, entertainment or work. Smartphone penetration in Malaysia stands at 70% as of the third quarter of 2017, according to the Malaysian Communications and Multimedia Commission (MCMC).

It’s safe to say that most of us are gunning entirely for smartphones now. Some of us undoubtedly have particular smartphones we’re aiming for, though with the highly competitive market today, we’re spoiled for choice.

Having more options is a good thing, because flagship devices are getting increasingly more expensive. The Samsung Galaxy Note 9, released this year, costs RM3,699. Compare this to the Samsung Galaxy Note 2, launched in 2012, which was priced at RM2,199. This is a pretty significant increase.

You’ll want to ensure that you’ll be making smart financial decisions on your smartphones, then. It’s not hard to finance a smartphone today, but simply signing up for a contract plan with your telco may not necessarily translate to better savings.

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