Samsung Electronics Co. Ltd. (LON:BC94) (KRX:005930)’s upcoming flagship smartphone Galaxy S5 is expected to hit the market in Q1 2014. The Korean company is unlikely to delay the launch. Samsung Electronics Co. Ltd (LON:BC94) (KRX:005930)’s last flagship device Galaxy Note 3 has become the fastest-selling phablet ever, according to BGR. The company shipped 10 million Galaxy Note 3s within 60 days of the launch. Galaxy Note 2 only sold 5 million units in the same period.
Why Galaxy S5 could hit the market soon
Analysts believe that Samsung Electronics Co. Ltd (LON:BC94) (KRX:005930)’s current flagship smartphone Galaxy S4 sales are declining rapidly. The company unveiled the Galaxy S4 in March 2013. That should prompt the Korean electronics giant to advance the launch of its next smartphone, which is likely to be Galaxy S5. Samsung Electronics Co. Ltd (LON:BC94) (KRX:005930) is under intense pressure to sustain its stupendous financial performance over the past few quarters.
If Galaxy S4 sales are slowing, it would be difficult for the company to show off strong financial figures in Q1 2014 solely based on that device. Therefore, Samsung Electronics Co. Ltd. (LON:BC94) (KRX:005930) may bring forward its next heavy-hitter, Galaxy S5 to boost sales figures. The anxiously anticipated Galaxy S5 should be able to more than make up for the declining sales of its predecessor, and provide solid support to Note 3.
Samsung actually working to launch Galaxy S5 sooner
There have been reports that Samsung Electronics Co. Ltd (LON:BC94) (KRX:005930) is actually planning to bring Galaxy S5 to the market earlier. According to reports, the company could start production of the device in January 2014. If Samsung Electronics Co. Ltd (LON:BC94) (KRX:005930) holds its first unpacked event in January, the device could go for sale in the first half of February 2014.
Galaxy S5 is hailed as a cutting-edge smartphone beast. According to media reports, it will sport a 64-bit Exynos processor, 16MP camera, Android 4.4 Kit Kat OS, 5-inch Super AMOLED display with 2560 x 1440 resolution and a stylish new metallic design.