This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Big News Is Expected From Samsung Next Week

Stocks in this article: EBAY FB QCOM NKE AAPL GOOG

NEW YORK ( TheStreet) -- The next few days could be very busy ones for Samsung.

If all the rumors/leaks/educated guesses are correct, the Korean electronics giant will be announcing its next generation flagship Android smartphone, a redesigned smartwatch, a 64-bit mobile processor and possibly a new mobile payment deal with eBay's (EBAY) PayPal division.

The Mobile World Congress industry show in Barcelona, Spain, begins early next week with a full slate of announcements from many companies and a keynote address on Monday from  Facebook's (FB) CEO Mark Zuckerberg.

If all the Internet gossip is correct, Samsung will have a lot to talk about during its big "Unpacked 2014" press event scheduled for Monday evening (early afternoon in New York). The flashiest of Samsung's announcements should be the pair of new smart devices which are supposedly on the way.

The heavily discussed Galaxy S 5 smartphone could have a larger, full high-definition touchscreen (5.2 inches), a better processor at launch (the powerful new Qualcomm (QCOM) Snapdragon 805), a fingerprint-recognition security system and a basket-full of new software features.

The second-generation Galaxy Gear smartwatch is also expected to make its debut in Barcelona. It should be lighter in weight, have a new screen (possibly curved) and a much healthier battery reserve. The Galaxy Gear 2 is also said to sport a number of new health/fitness apps to compete with current offerings from Nike (NKE) and others. And the watch might run on the Tizen the operating system that Samsung has been developing as a hedge against any problems with Android.

But Thursday, we're learning about other announcements to be made at this year's Mobile World Congress: a high-tech processor for future devices and a new mobile commerce partner.

The new Exynos processor, which was teased on Twitter Wednesday night, is expected to be a 64-bit mobile processor to compete with the current chip being used in Apple's (AAPL) iPhone 5s as well as a new 64-bit design from Qualcomm. Few details are known in advance about the processor's actual design, but no one expects it to be available in time for the Galaxy S 5 at launch.

SamMobile is reporting Samsung may currently be working with PayPal to create a virtual mobile payment system which utilizes NFC (Near Field Communication) wireless systems and could be used worldwide.

Samsung's current payment system is called "Samsung Wallet" but reportedly hasn't been as popular as some competitive systems such as the USA-only " Google (GOOG) Wallet". Apple is also rumored to be working on a mobile payment system of its own.

-- Written by Gary Krakow in New York.

To submit a news tip, send an email to

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 18,030.21 +6.04 0.03%
S&P 500 2,081.88 -0.29 -0.01%
NASDAQ 4,773.4720 +8.0480 0.17%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs