The new Trade-In Program will pilot in Korea and France starting today and expand to more regions through 2025. Partnered with Samsung, the program will be managed and operated by Likewize.

Samsung has announced a change to its Galaxy Trade-In program that allows consumers to trade in select Galaxy smartphone models to the company year-round, without the need to make a new purchase at the same time.

Samsung Electronics plans to ramp up on-device AI, as it bets on the consumer electronics unit to exceed overall global market growth this year.

Apple and Samsung, the world’s top two smartphone makers, saw their global market shares decline last year, marking the first such drop in eight years since 2016. According to market researcher IDC on Jan.

In 2024, the global smartphone market saw growth for the first time in two years. While Apple and Samsung faced declines, Xiaomi emerged as the fastest-growing brand among the top players.