Samsung is this week preparing for the North American launch of its much anticipated Galaxy S III smartphone and the company's marketing department is working overtime to spread the word about its newest flagship device. However, it seems the maker of the iPhone is eager to remind potential Galaxy S III buyers what they might miss out on should they decide to buy Samsung in the near future.
Despite the fact that Apple has yet to confirm the existence of the iPhone 5, Terry Gou, Chairman of Hon Hai Precision (parent company of Foxconn), says the next iPhone will put the Galaxy S III to shame. Word comes from a Focus Taiwan story that covers Hon Hai's newest deal with Japan's Sharp Corp. Gou said that this deal with Sharp will allow Hon Hai to beat rival Samsung within three to five years.
Gou didn't mention anything else about the iPhone 5, and considering it's his company that makes the phone, we all know what's in it for him if people hold off on the GSIII to wait for the new iPhone. However, it is the first official word we've gotten regarding the iPhone 5's existence. Rumored to be making an appearance later this year, Apple's latest version of iOS is also scheduled to launch in the fall.