The Samsung won't be $1400. If it is £799.95 in the UK, that is £680 without VAT (tax).

That would make it $1181, using the current $/£ exchange rate.

But, UK prices are almost always 20%-30% more than US prices. I would guess the dollar price would be more like $800-$900.
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Remind me to change my signature to something more interesting someday