SAMSUNG will release its much awaited Galaxy S5 smartphone by April and is studying using eye scanner technology for the first time as it readies the high-end handset to compete with Apple’s iPhones.
The S5 will be paired with a new wearable device that will be an evolution of the Galaxy Gear smartwatch, Young Hee, executive vice president of the company’s mobile business, said in a January 6 interview. Samsung electronics co., which posted profit this week that missed analyst estimates, will launch the new products together as it also boosts marketing of tablet computers.
“We’ve been announcing our first flagship model in the first half of every year, around March and April, and we are still targeting for release around that time,” Lee Young Hee said. “When we will release our S5 device, you can also expect a advanced function rich Gear successor , and the bulky design will also be much improved.”
Samsung, which sells one of every three smartphones globally, is adding new features and models to prevent from Apple in the high-end market and Chinese makers luring budget customers with handsets for $100. Asia’s biggest technology company will announce at least one other wearable device this year, Lee Young Hee said.
Samsung registered a design in South Korea in Oct. for eyeglasses that can show information from a smartphone and enable users to take calls.
Sales of the S4, the company’s current marquee handset, slowed after Apple released iPhone 5s and 5c in Sept. The 5s includes a fingerprint identity sensor, and Samsung is considering using an iris scanner in its top-end smartphones.
“Many people are fanatical about iris recognition technology,” Young Hee said at the International Consumer Electronics Show in Las Vegas(city in U.S). “We are studying the possibility but can’t really say whether we will have it or not on the S5.”
Suwon, South Korea-based Samsung this week posted its first profit decline in nine quarters as high-end handset growth slowed and the company paid employee bonuses. Operating profit was 8.3 trillion won ($7.8 billion) in the three months ended Dec., falling from nine trillion won a year primal, the company said.
Shares of Samsung have dropped 11 percent from its closing price on December 23 as analysts scaled back projections for high-end handsets, erasing about $22 billion of the company’s market value. Samsung shipped whopping 13 million units of the S4 in the 4th quarter, down from 17 million in the previous 3 months, Daewoo Securities Company said in a December 23 report.