In an interview with Reuters the co-CEO JK Shin said that, Samsung is planning to sell a version of its Galaxy S4 smart phone running the LTE Advanced technology this month.
Shin said the phone will launch in South Korea and also that the company is currently making discussions with several overseas carriers, which he did not name, to take the phone.
Being the first commercial launch of LTE Advanced phone, it offers twice the speeds of existing LTE systems and will be powered by Qualcomm chips.
After testing a LTE Advanced network in April, the Korean operator SK said it aims to launch commercial service in September.
Shin displayed little concern about sales prospects for the S4, which hit stores in late April. “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,” He said.
He declined to provide forecasts for S4 sales and said that the new S4 would be slightly more expensive than the current one.