x PhoneArena is hiring! Reviewer in the USA
  • Hidden picShow menu
  • Home
  • News
  • Samsung executive accidentally lets slip September launch date of the Samsung Galaxy Note 5

Samsung executive accidentally lets slip September launch date of the Samsung Galaxy Note 5

Posted: , by Alan F.

Tags:

Samsung executive accidentally lets slip September launch date of the Samsung Galaxy Note 5
A September launch of the Samsung Galaxy Note 5 was accidentally revealed by Samsung executive vice president Rhee In Jong. Rhee told investors during a conference call on Wednesday, that the company's Samsung Pay mobile payment system will be delayed. Instead of a July launch, Samsung Pay will debut in September.

What does this have to do with the next iteration of Sammy's high-end phablet? When the executive was talking about Samsung Pay, he said it would first be employed on Samsung's next high-end handset. That should be the Samsung Galaxy Note 5. Put it all together and it would seem that the Samsung Galaxy Note 5 will have a September launch. That would basically confirm current rumors that the device will be introduced during IFA 2015, which starts on September 4th. At last year's IFA, both the Samsung Galaxy Note 4 and Samsung Galaxy Note Edge were unveiled. Claire Kim, an analyst at Daishin Securities Co. in Seoul, agreed with the idea of a September launch of the Galaxy Note 5. "The new service will likely be deployed on its next Galaxy Note device," said Kim. 

Rhee added during the conference call that Samsung is hoping that between 15% and 20% of its smartphone owners use Samsung Pay. The purchase of Loop Pay gave Samsung a huge advantage over Google and Apple. Unlike most mobile payment services that connect with retailers' POS systems using NFC, Loop Pay uses the magnetic stripe on the back of charge and debit cards. Since 90% of retailers already have swiping devices that read these cards, Samsung Pay could be ready to be used in over 10 million retail locations.

Google, Apple and Samsung are battling over a mobile payment market that could soar from $67 million this year, to more than $142 billion in 2019 according to Forrester Research.

source: Bloomberg

36 Comments
  • Options
    Close




posted on 03 Jun 2015, 23:10 13

1. AnTuTu (Posts: 1575; Member since: 14 Oct 2012)


Not surprised. Everyone is aware of September release.

posted on 03 Jun 2015, 23:15 2

4. Daftama (Posts: 617; Member since: 03 Nov 2012)


Let the rumors begin,

posted on 03 Jun 2015, 23:31 3

9. Settings (Posts: 1448; Member since: 02 Jul 2014)


Let the renders roll!

posted on 04 Jun 2015, 03:51 2

23. Ashoaib (Posts: 3229; Member since: 15 Nov 2013)


I hope note 5 will have a great battery life(on screen time) and better support for games like snapdragon Soc... I hope they will release the source code of exynos to develpers... note is going to be in my pocket once again

posted on 04 Jun 2015, 07:04

28. Simona (unregistered)


He did it on purpose

posted on 03 Jun 2015, 23:14 3

2. Mxyzptlk (Posts: 10642; Member since: 21 Apr 2012)


Let's hope Samsung fixes the lag that occasionally plagued the Note 4.

posted on 03 Jun 2015, 23:17 4

5. Daftama (Posts: 617; Member since: 03 Nov 2012)


Had all the notes starting from Note 2...so close to trading in for an iPhone because of the 5.0 lag issues

posted on 04 Jun 2015, 07:43

30. Pattyface (Posts: 1511; Member since: 20 Aug 2014)


5.0 is terrible on the note 4... 5.1 is way better. 5.0 on the note 3 is terrible too

posted on 03 Jun 2015, 23:29

7. Carlitos (Posts: 496; Member since: 23 Oct 2011)


The Note 5 will at the minimum have the same processor as the s6. But from previous experience with the Note specs, it tends to be more supped up specs from the S series. So I expect a more supped up processor than the s6 14nm, ddr4 ram with probably 4gigs. And the same 2k display.

posted on 04 Jun 2015, 00:10 6

10. Diezparda (Posts: 824; Member since: 23 Oct 2013)


does it matter? you'll end up with apple anyway - better fix bug which still present on iOS

posted on 04 Jun 2015, 00:46 8

14. singhkaran9830 (unregistered)


People like you only have one thing to do,bash samsung.Not every Note 4 lags,you read only a few reports of some users and claiming this.Similarly,not every ip6 and 6+ bent,only a few did but you won't point out that.

posted on 04 Jun 2015, 07:45

31. Pattyface (Posts: 1511; Member since: 20 Aug 2014)


first hand reports bud.. i have three frinds and my note 4 and all lag like hell when we got 5.0. its not an opinion but a fact.

posted on 04 Jun 2015, 08:27

35. Daftama (Posts: 617; Member since: 03 Nov 2012)


Lol... I never bash any company I could care less who copies who. But shah is stuck and don't want to come out we need a solution. If that's not work time to each your eating habits

posted on 04 Jun 2015, 00:49

15. tedkord (Posts: 9949; Member since: 17 Jun 2009)


Preach brother!

posted on 04 Jun 2015, 06:04 2

24. ph00ny (Posts: 1135; Member since: 26 May 2011)


You make it sound as if iOS devices are always peachy in the occasional lag department

posted on 04 Jun 2015, 07:04

29. Simona (unregistered)


Oh so now all negatives coming out ..
Ok

posted on 04 Jun 2015, 09:23 1

36. Astoni (Posts: 647; Member since: 28 Sep 2013)


actually when my note as running 4.4.4 no lag :p. went to 5.1 and BAM..

posted on 03 Jun 2015, 23:15

3. waddup121 (unregistered)


w/e...

posted on 03 Jun 2015, 23:18 4

6. AMERICANPATRIOT (banned) (Posts: 54; Member since: 20 Mar 2015)


nevertheless, Samsung failed

posted on 04 Jun 2015, 00:50 10

16. tedkord (Posts: 9949; Member since: 17 Jun 2009)


...to make a device that isn't the best in the world.

posted on 04 Jun 2015, 02:47 1

21. ninja_master (Posts: 306; Member since: 27 Feb 2015)


Best phone?maybe. Best device ? BIG NO

posted on 03 Jun 2015, 23:30 12

8. realhumanbeing (Posts: 49; Member since: 18 Oct 2014)


You guys hate on Samsung like its a f**k*ng trend, why follow post you don't like, quite contradictory.

posted on 04 Jun 2015, 00:51 5

17. tedkord (Posts: 9949; Member since: 17 Jun 2009)


Jealousy and blind rage.

posted on 04 Jun 2015, 07:47 2

32. Pattyface (Posts: 1511; Member since: 20 Aug 2014)


same could be said on alk apple topics that you fandroids ran the topic up to 8 pages with trolling

posted on 04 Jun 2015, 00:19 2

11. Virage (Posts: 88; Member since: 25 May 2015)


More leaks please.

posted on 04 Jun 2015, 00:40 3

12. fyahking (Posts: 859; Member since: 28 Jan 2015)


Can't wait for my note 5.

posted on 04 Jun 2015, 07:48

33. Pattyface (Posts: 1511; Member since: 20 Aug 2014)


agreed sir! sammy better have micro SD and removable battery but if they do ill be replacing my note 4. note series is my favorite series ever.

posted on 04 Jun 2015, 00:43

13. 99nights (Posts: 1152; Member since: 10 Mar 2015)


September release date was always going to happen. Good news.

posted on 04 Jun 2015, 00:52 3

18. tedkord (Posts: 9949; Member since: 17 Jun 2009)


Wait, this can't be. They were going to rush it out early because of the iPhone, just like with the S6...wait. What?

posted on 04 Jun 2015, 01:01 2

19. Derekjeter (Posts: 805; Member since: 27 Oct 2011)


A September release will not help them against the fruit. They need to start selling it in all carriers weeks ahead of Apple I hopes to achieve great numbers. This thing will be beast. They still need to water down TW, so it won't lag like Note 4.

posted on 04 Jun 2015, 01:10 1

20. Fire5 (Posts: 275; Member since: 13 Feb 2015)


Note four classic phanble true multimedia and productivity. the others are only smartphone with large screen, and only five can match next note interacting with the user.

posted on 04 Jun 2015, 03:46

22. DBounce (Posts: 144; Member since: 26 Apr 2014)


Looking forward to the 4k screen with Gear VR.

posted on 04 Jun 2015, 06:22 1

25. namesib (Posts: 96; Member since: 08 Feb 2015)


I just want them to keep the microSD slot and removable battery, but with the S6 Active announcement my hope is fading... :/

posted on 04 Jun 2015, 07:55

34. Pattyface (Posts: 1511; Member since: 20 Aug 2014)


me too! i was sure the active would have both and it doesn't so now im very concerned about the note 5. i dont want to get raped on price for having internal storage

posted on 04 Jun 2015, 06:42

26. chenski (Posts: 332; Member since: 22 Mar 2015)


Pretty sure it will be 2k screen, hopefully better battery. Samsung will not be stupid enough to make 4k screen, cause then the battery will be a joke

posted on 04 Jun 2015, 06:55 1

27. kevin91202 (Posts: 514; Member since: 08 Jun 2014)


How is this an accident? Everyone knows it's September for the new Note. And Samsung knows that everyone else knows.

BTW, LoopPay does not "[use] the magnetic stripe" on the back of credit cards. It merely acts mimics it by transmitting a magnetic field to the card terminal. Esentially, it fools the card swipe terminal into thinking that a credit card was swiped.

Want to comment? Please login or register.

Latest stories