You may have a chance to spend less than $800 (£600) on one of Samsung's premium smartphones soon. A report from Reuters suggests that Samsung may start a refurbishment program as early as next year to sell returned Galaxy smartphones to consumers at lower prices.

While the news hasn't been confirmed yet, Reuters cites "a person with direct knowledge of the matter." Aside from news of the program in general, details about the program are unknown. It can be assumed that a program reselling gently used Galaxy smartphones would sell them for less than the handset's original price, but we don't how much of a discount customers might get, nor do we know which handsets will be included or where Samsung may implement the program.

According to Reuters, Samsung is trying to keep riding the train of recent high earnings after restructuring its mobile product line. It's reported that the company wants to "keep operating margins above 10 percent" while maximizing cost efficiency. Reuters also suggests that reselling high-end handsets at reduced prices could help the company's profits in India, where most people cannot afford to spend $800 on a smartphone.

However, selling used phones in India may not be as easy as it sounds. Apple wanted to do the same thing with refurbished iPhones, but India wouldn't allow it since it undermined the government's "Make in India" program that encourages companies selling products in India to manufacture those products within the country.