Using the advanced technologies it has as the leader of the domestic smartphone market, Samsung Electronics will enable consumers to enjoy a truly smart life with the LTE smartphone.

But without a credible smartphone offering, it risked being left behind in a rising and highly profitable market, one that rivals both at home and in Asia are increasingly moving into.

Overall smartphone shipments in China in the first quarter of 2015 shrank for the first time in six years, with one-time leader Xiaomi saying the domestic market was nearing saturation.