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
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

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36 Comments

1. AnTuTu

Posts: 1622; Member since: Oct 14, 2012

Not surprised. Everyone is aware of September release.

4. Daftama

Posts: 641; Member since: Nov 03, 2012

Let the rumors begin,

9. Settings

Posts: 2943; Member since: Jul 02, 2014

Let the renders roll!

23. Ashoaib

Posts: 3309; Member since: Nov 15, 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

28. Simona unregistered

He did it on purpose

2. Mxyzptlk unregistered

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

5. Daftama

Posts: 641; Member since: Nov 03, 2012

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

30. Pattyface

Posts: 1658; Member since: Aug 20, 2014

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

7. Carlitos

Posts: 684; Member since: Oct 23, 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.

10. Diezparda

Posts: 941; Member since: Oct 23, 2013

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

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.

31. Pattyface

Posts: 1658; Member since: Aug 20, 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.

35. Daftama

Posts: 641; Member since: Nov 03, 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

15. tedkord

Posts: 17480; Member since: Jun 17, 2009

Preach brother!

24. ph00ny

Posts: 2069; Member since: May 26, 2011

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

29. Simona unregistered

Oh so now all negatives coming out .. Ok

36. Astoni

Posts: 649; Member since: Sep 28, 2013

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

3. waddup121 unregistered

w/e...

6. AMERICANPATRIOT

Posts: 54; Member since: Mar 20, 2015

nevertheless, Samsung failed

16. tedkord

Posts: 17480; Member since: Jun 17, 2009

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

21. ninja_master

Posts: 306; Member since: Feb 27, 2015

Best phone?maybe. Best device ? BIG NO

8. realhumanbeing

Posts: 53; Member since: Oct 18, 2014

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

17. tedkord

Posts: 17480; Member since: Jun 17, 2009

Jealousy and blind rage.

32. Pattyface

Posts: 1658; Member since: Aug 20, 2014

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

11. Virage

Posts: 88; Member since: May 25, 2015

More leaks please.

12. fyahking

Posts: 1146; Member since: Jan 28, 2015

Can't wait for my note 5.

33. Pattyface

Posts: 1658; Member since: Aug 20, 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.

13. 99nights

Posts: 1152; Member since: Mar 10, 2015

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

18. tedkord

Posts: 17480; Member since: Jun 17, 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?

19. Derekjeter

Posts: 1557; Member since: Oct 27, 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.

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