Samsung saw its profits leap by 41% in the first quarter of this year, thanks to a surge in sales of its smartphones.
Samsung's profits come as Apple faces increasing pressure to retain its reputation as one of the world's leading innovators after reporting its first fall in profits in a decade.
The iPhone 5 became Britain's most popular smartphone in March, six months after it went on sale in September, an online comparison website said today.
The S3 had been the UK's number one handset for 10 months but lost its top spot after the S4 handset was unveiled on March 14.
But the popular Galaxy range still dominates the chart, with four places in the top 10, according to the uSwitch.com Mobile Tracker, which is based on searches, pre-orders and sales through the website.
Has mobile innovation stalled? The lack of big headlines appears to suggest it has.Read the full story ›
Shares of Samsung Electronics Co Ltd fell as much as 1.32 percent in early trade in Seoul following the launch of its new Galaxy S4 smartphone.
The stock under-performed the wider market which was trading roughly flat.
Samsung premiered its latest flagship phone, the Galaxy S4, which sports a bigger display and unconventional features such as gesture controls and which will spearhead its efforts to challenge Apple on its home turf.
- 5 inch (12.7cm) screen
- Body size 136.6mm long x 68.9mm wide - slightly smaller than Galaxy S3
- 13 megapixel camera
- Browser scrolling by tilting handset
- Doubles as remote control for smart TV with infrared
The Samsung Galaxy S4 will have a large 13 megapixel camera on its back and a 2 megapixel camera on its front, the company announced today.
Samsung has unveiled its new Galaxy S4 - a phone with a 5-inch screen, a 13 megapixel camera and a function doubles as a TV remote.Read the full story ›
Samsung is to broadcast the launch of its new product live on its YouTube channel.
Technology blogs believe the slogan 'Be ready 4 The Next Galaxy' is a hint that the product will be the Galaxy S4.