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Samsung Electronics to unveil latest Galaxy smartphone in late February

04
Feb
2014

Samsung Electronics Co will unveil a new version of its flagship Galaxy S smartphone this month, but expectations are low that features such as a bigger screen will lead to a sharp jump in sales given intensifying competition. Samsung sent out invitations on Tuesday for Samsung unPacked 5 event on February 24 at the Mobile World Congress in Barcelona. The launch has been brought forward by around three weeks after sales of Samsungs S4 came in weaker than expected, analysts said. The worlds biggest smartphone maker is bracing for its weakest mobile annual profit growth in seven years amid fierce competition from Apple Inc and Chinese vendors, and as growth for high-end smartphones eases due to near saturation in many markets.

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