Why are these external SSDs so different in price?

ntngps
2023-06-30T00:19:14Z

I'm talking about this 2 TB LaCie Portable SSD and this Samsung T7 2 TB SSD. They both have the same ~1 GB/s read-write speed, the same 3-year limited warranty, and the same USB 3.2 Gen2 connector. But the LaCie drive is $369, while the Samsung drive is $130.
Am I missing something? Or is it just luxury tax?

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