Superfast version of Samsung Galaxy S4 launches - Telegraph.co.uk

Samsung's shares have lost almost $20 billion since June 7 after analysts cut forecasts for Galaxy S4 sales by as much as 30 per cent on industry data that showed the high-end smartphone market was increasingly saturated. The same problem is hitting sales of the Apple iPhone 5. Shin showed little concern about sales prospects for the S4, which hit stores in late April. The mobile devices division is the company's biggest profit generator. "S4 sales remain strong. It's selling far stronger than the (Galaxy) S III ... and the new LTE-Advanced (4G) phone will be another addition to our high-end segment offerings that ensure healthy profit margins," Shin said. Shin added that the new S4 would be slightly more expensive than the current version. The South Korean firm hopes the addition of hardware offerings such as faster data transmission, along with its widely anticipated move to introduce models with unbreakable or flexible displays, will help it protect margin growth. "As operators seek to provide more data-centric mobile services, I think this will become mainstream 4G technology globally in the coming years," Shin said. Shin also said sales of Samsung's tablet products in the US market jumped 3.3 times since it installed brand shops within Best Buy's stores in April, and is now considering expanding the format in Latin America and Britain. Edited for telegraph.co.uk by Jennifer O'Mahony via Technology - Google News http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHMOlVUEwHPeFLDUgvKreGH6yg66w&url=http://www.telegraph.co.uk/technology/samsung/10125284/Superfast-version-of-Samsung-Galaxy-S4-launches.html

Put the internet to work for you. via Personal Recipe 2598265