The Telegraph reports on Samsung's announcement of an upgrade to its flagship smartphone. The new S4 will use LTE-Advanced 4G technology, an upgrade from conventional 4G called LTE, or long term evolution. LTE-Advanced offers data transmission at up to twice the normal 4G speed. The phones will be powered by Qualcomm chips.
A film download that takes three minutes with conventional 4G would take slightly more than one minute, Samsung said, adds The Telegraph.
Samsung's shares have lost almost $20 billion since June 7, notes The Telegraph, after analysts cut forecasts for Galaxy S4 sales by as much as 30 per cent on industry data that showed the high-end smartphone market was increasingly saturated.
The same problem is hitting sales of the Apple iPhone 5.