The Galaxy S6 Edge doesn't come cheap, but Samsung may have a good reason to charge so much for the curved-screen smartphone. A new teardown from IHS (via Re/code) reveals that building the new device isn't cheap either.

IHS estimates that the 64GB Galaxy S6 Edge costs roughly $290 to manufacture, factoring in both the cost of parts and labor. The most expensive component is that curved display, which apparently costs $85 on its own. That comes as no surprise, considering Samsung needs to heat the device and then bend the display on both sides. Meanwhile, Samsung's in-house Exynos 7 processor adds another $29.50 to the production cost.

By comparison, last year's Galaxy S5 cost just $256 to build. Samsung also spends more on the Galaxy S6 Edge per unit than Apple does on the iPhone 6 or iPhone 6 Plus. IHS puts the Cupertino company's prices at $247 and $263, respectively, for its most recent smartphones.

The report adds that Samsung borrowed a few manufacturing tricks from Apple for the Galaxy S6 and S6 Edge, though the South Korean company hasn't figured out how to keep its prices down. "The bottom line is that this phone costs less than an iPhone to buy," IHS analyst Andrew Rassweiler told Re/code. "But it costs Samsung more to build."

The Galaxy S6 Edge is an impressive and beautiful device, but it still may not be worth the price. For $100 less you can pick up the flagship Galaxy S6, which offers all the same hardware and a flat Quad HD display that still looks great.