Galaxy Alpha / Galaxy F / Galaxy S5 Prime Release Date: Samsung Will Launch New Smartphone Aug 13?
Galaxy Alpha / Galaxy F / Galaxy S5 Prime Release Date: Samsung Will Launch New Smartphone Aug 13?

The Samsung Galaxy Alpha could be launched soon.

The latest Samsung smartphone will be launched on either August 4 or August 13, according to SamMobile.

This is in line with earlier rumors that the phone is being produced in July and is slated for an August release.

Galaxy Alpha is expected to be a middle-of-the-line phone — below the top-end Galaxy S5 but above the Galaxy S5 Mini.

It was previously presumed to be a “premium” version of the Galaxy S5, and was known for a while as Galaxy S5 Prime and Galaxy F.

Samsung’s CEO JK Shin had said earlier that a “premium” model of the Galaxy S5 is not in the works.

Here are the speculated specifications of the phone so far.

Display: 4.8-inch screen, 720p resolution
Processor: 2.5GHz Qualcomm Snapdragon 805 Quad-Core; Exynos 5433 
RAM: 3GB
GPU: Adreno 420; Adreno 405
Camera: 16MP rear camera, 2MP front camera; 12 MP rear camera
Storage: 32GB, no external storage
Colors: Gold, Black, Metallic
Dimensions: 72.5 x 142mm
Battery: 3,000mAh; 1,500mAh
OS: Google Android KitKat 4.4.4
Fingerprint scanner

See an AP article about Samsung’s economic performances last quarter.

Samsung Earns $6.1 Billion, Shares Plunge

SEOUL, South Korea (AP) — Samsung earned $6.1 billion last quarter but investors were dissatisfied, sending its share price down 4 percent. The panoply of numbers in its earnings report for the April-June quarter show why.

— MONEY SPINNER MALFUNCTIONS

Last quarter Samsung sold 18 million fewer handsets than 113 million in the first three months of the year. Smartphones and other handsets have previously contributed about 70 percent of Samsung’s profits. This quarter it fell to 60 percent.

— TABLETS TRAIL

Samsung sold 8 million of its Galaxy tablets, down from 13 million in the first quarter. Like other tablet makers, Samsung is finding it hard work convincing consumers to constantly upgrade to the latest model.

— PANELS PLUS

A bright spot, with Samsung increasing its shipments of flat panel TVs to 12 million from 11 million in the previous quarter. But the business isn’t big enough to offset declining smartphone sales.

— CURRENCY QUIRK

A stronger Korean currency meant nearly $500 million of operating profit was lost when foreign earnings were translated into won.

— DULL DIVIDEND

No sweetener for shareholders, with the interim dividend unchanged at 500 won (49 cents) per share.

— UNCERTAIN OUTLOOK

Samsung is not sure smarpthone profit will recover this quarter as cheaper models from companies such as Huawei are increasingly popular in developing countries.

— BIG SPENDER

Samsung has hefty investment plans for its semiconductor business which needs billions of dollars each year to upgrade facilities. It also must pick up the slack from smartphones. More than half of the company’s 24 trillion won ($23.4 billion) of capital spending this year will be plowed into the chip operations.

— THE BOTTOM LINE

Net profit of 6.3 trillion won ($6.1 billion) was down a hefty 20 percent from a year earlier. Sales drooped 9 percent to 52.4 trillion won ($51 billion).

 

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