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Monday, April 16, 2012
Samsung Set To Unveil New Galaxy S Flagship Smartphone On May 3

Samsung said on Monday it would unveil the third-generation of its flagship smartphone Galaxy S on May 3 in London.

The S. Korean company is hoping that its new flagship Smartphone, the Galaxy S III, will be effectively compete with Apple 's upcoming iPhone 5 device.

Samsung is the world's top smartphone maker mainly due to the strong sales of its Galaxy lineups. The firm sold over 40 million Galaxy smartphones since the model was released in June 2010.

Samsung estimated earlier this month that its first-quarter operating profit would hit a record 5.8 trillion Korean won thanks to strong sales of Galaxy series smartphones.

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