The Apple Inc. (NASDAQ:AAPL) iPhone 5 is set to get competition - and it’s none other than from its bitter rival Samsung Electronics.
The Korean handset maker launched its new Galaxy Note 2 earlier in the day and expects that it sales will get off to a strong start, even surpassing that of the Apple phone.
The new Galaxy Note 2 will sell three times faster than the previous version of the Note, with more network carriers tying up with the handset maker, head of Samsung's mobile business, J K Shin told reporters in Seoul.
The device went on sale in 128 countries including South Korea on Wednesday.
Samsung is the world's largest seller of smartphones, having overtaken Nokia and Apple earlier this year.
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A variety of galaxy devices are being offered, powered by Google's Android operating system. Last week on Friday Apple's new iPhone 5 went on sale and in three days a record 5 million phones were sold as consumers had pre-ordered the phone while thousands thronged Apple stores and other outlets to be among the first to get the phone.
The new Galaxy Note will be sold along with the Galaxy S smartphones that are bestsellers. The new Galaxy Note 2 was unveiled at a Berlin Electronics Fair in August, right after a federal court in San Jose had found it guilty of violating patents and copying Apple's devices.
Apple has sought a sales ban on a range of Samsung's devices in the United States and elsewhere. The case will be coming up for hearing later this year.
The new Galaxy Note has a 5.5 inch screen, has a faster processor and is equipped with a digital pen that recognises handwriting.