AWSJ Publishes Samsung Cell Phone Index
Samsung’s “Anycall” cell phone joins the world's most famous products as a price index for the Asia-Pacific region.
In the March 4~6 weekend edition of the Asian Wall Street Journal, Samsung’s model SGH-E800 cell phone became the first Korean product selected as the base of an index in the paper’s “Arbitrage Corner.”
The Arbitrage Corner takes into consideration the prices of particular products converted into U.S. dollars. The “Anycall Index” reflected consumer prices in 11 nations in the Asia-Pacific region, including Japan, China, Australia and Singapore.
The AWSJ had previously used Louis Vuitton bags, Rolex watches, Guinness beer and Heinz ketchup as indexes. The Economist’s “Big Mac Index” is the most famous index of this sort.
The Anycall Index reveals that Sydney, Australia (US$683), Taipei, Taiwan (US$569) and Shanghai, China (US$563) were the most expensive places to buy the phone. Malaysia’s Kuala Lumpur (US$398), Bangkok, Thailand (US$415), New Delhi, India (US$417) and Tokyo, Japan (US$428) were the cheapest.
The Samsung SGH-E800 is a slide-model camera phone. Because it uses the Global System for Mobile Communications (GSM), it is not sold in Korea.
(Kim Gi-yong darma90@chosun.com )
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