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Samsung Electronics unveiled a new top-of-the-range Galaxy smartphone in London on Thursday (May 3), updating the most direct rival to Apple's iPhone with a larger touch screen and more powerful processor. The South Korean technology group, which overtook Finnish company Nokia as the world's biggest cellphone maker earlier this year, said that the new Galaxy SIII model would go on sale in some markets in late May and around the world from June. Last week, Samsung reported a record $5.2 billion quarterly profit, boosted by the Galaxy smartphone range whose sales outstripped the iPhone. Samsung sold around 45 million smartphones in the first quarter and contributed most of its operating profit. The new Galaxy SIII model will have a 4.8 inch touch screen, 8 megapixel camera and will use the latest version of Google's Android software. SOUNDBITE (English) DAVID PHELAN, TIME OUT MAGAZINE GADGETS EDITOR, SAYING: "I think there was so much hype it's very difficult to meet expectations but on the whole I think every spec was kind of groundbreaking and new, the screen is huge - very high resolution, look great. I think there's every chance people won't be disappointed when they see this phone." Analysts said the expected massive marketing campaign and features of the handset - billed as the official smartphone of the London 2012 Olympics - were likely enough to generate strong sales. SOUNDBITE (English) BEN WOOD, RESEARCH DIRECTOR AT CCS INSIGHT, SAYING: "It's the Galaxy SIII <b>...</b> |
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| Time: 01:56 | More in News & Politics |
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