The Samsung Galaxy S6 edge offers not just one curved edge, but two, and while it also excises previous design decisions from older handsets in other ways, it turns out those changes make the newest flagship from Samsung the most expensive to build yet.

According to a report published recently by Re/code, and citing a report from a teardown completed by research firm IHS, the Galaxy S6 edge is Samsung’s most expensive to build and assemble to date. According to the report, which is scheduled to release later today, the 64GB variant of the Galaxy S6 edge (which was a Verizon Wireless unit) costs about $290 to build, which includes parts and assembly.

To compare, IHS puts the costs for devices like Samsung’s Galaxy S5 around $247, and Apple’s iPhone 6 (and iPhone 6 Plus) around $263. At the end of the day, the Galaxy S6 edge’s 64GB variant costs $699 without a contract, with prices going higher for the models with more built-in storage.

According to Andrew Rassweiler, who heads the teardown efforts at IHS, the costs for parts within smartphones has steadily been going up as of late, so the cost of assembly for the Galaxy S6 edge isn’t all that surprising.

“Samsung is clearly studying Apple’s playbook by using things like metal enclosures and other design choices that are similar to Apple’s,” he says. “The bottom line is that this phone costs less than an iPhone to buy, but it costs Samsung more to build.“

Rassweiler added that Samsung’s decision to go with a dual-edged display made the costs go up quite a bit, as he pegs the price tag for that display, along with its touchscreen elements, to run Samsung around $85. That’s next to the second-most expensive part within the smartphone, which is Samsung’s own Exynos 7 processor, which runs $29.50.

The Samsung Galaxy S6 edge is certainly one of Samsung’s boldest devices to date, so the high price tag seems appropriate. Did you pick one up yet, or do you plan to?