Samsung: No Weight Behind These New Galaxy Rumors

This week’s rumors hinting a February launch of Samsung’s (SSNLF.PK) next Galaxy S smartphone were denied by the Korean mobile phone manufacturer via Twitter.

The loose translation of Samsung’s Twitter denial, provided by CNET, reads: “Please note that some media reported speculation that the Galaxy S3 subsequent models will be released in a simple rumor is not true.”

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Rumors began after an unidentified Samsung official told The Korea Times that the company would unveil the Galaxy S4 at next February’s Mobile World Congress. The report claimed that the modified design would eliminate any patent claims by Apple (NASDAQ:AAPL). After the California federal court ruled in favor of Apple in the company’s patent suit, the promise of a new Samsung phone would have made Apple’s request to the court to add the Galaxy S3 to the list of products in violation less worrisome.

Speculators guessed that Galaxy S4 would have a 5-inch screen, bigger than the display on its current phone, bigger than the 4.5-inch screen of Nokia’s (NYSE:NOK) new Lumia 920, and a full inch bigger than the iPhone 5.

While development has not begun on the next Galaxy phone, Samsung does have plans to unveil a 64-gigabyte version of the Galaxy S3 before the end of the year. According to industry experts, for the company to launch a new generation less than a year after the Galaxy S3 debuted would be premature.

The Galaxy S3, which sold 3 million units in the past three months, has proven to be an equal competitor to Apple’s iPhone 4S and helped Samsung surpass Apple in market share. Phones using Google’s (NASDAQ:GOOG) Android operating system have been outselling the iPhone for awhile. While it is still unknown what effect the newest iPhone will have on competition, the phone has already set pre-sale records and prompted those in the industry to wonder what will be next from Apple’s top competitor, Samsung.

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