Samsung Electronics (005930.KS) on Wednesday released a new Galaxy Note 10 smartphone with 5G Internet access and improved photography capabilities. The company hopes that this high-end model will help it reverse its profit decline and expand its leading edge over Huawei.
Huawei had trouble in the second quarter and was blacklisted by the United States, causing its sales to decline in the global market. Samsung Electronics has become the biggest beneficiary, with sales of its smartphones growing by nearly 7%.
Samsung focuses on improving video and photography capabilities, hoping that Galaxy Note 10 will attract YouTube users and social media fans. These enhancements have helped Huawei to become the world's second largest mobile phone manufacturer.
The large-screen Note 10 smartphone, released Wednesday in New York, is the most important new product Samsung plans to launch in the second half of this year and is expected to help expand mobile phone sales.
Netote 10 video with 6.3 inch and 6.8 inch screens has improved, such as augmented reality (AR) and stabilization, and the front-end camera is located in the center of the top screen of the mobile phone to facilitate self-timer. The phone has no headphone jack, and Apple (AAPL.O) made the same change to its smartphone three years ago.
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