The Bill of Materials (BoM) for the base Samsung Galaxy S23 Ultra is just $469, according to Counterpoint's latest research.This is for a unit with 8GB of RAM, 256GB storage and sub-6GHz 5G.The BoM for the 2022 model is unknown, but an S21 Ultra (Snapdragon 888, 128GB, mmWave) was $533 and before that the Galaxy Note20 Ultra (Snapdragon 865+, 128GB, mmWave) was $550.
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