Samsung eyes high-tech to regain lost glory

Samsung Electronics Co Ltd is planning to introduce the internet of things and artificial intelligence technologies, as well as fifth-generation wireless communication equipment, to China as the South Korean technology giant aspires to reclaim lost sales in the world's largest smartphone market in face of mounting competition from local rivals.

"We have come back to the battlefield with innovative technologies and products. As the 5G era is approaching, we hope to bring 5G equipment to the Chinese market as soon as possible," said Kwon Gyehyun, president of Samsung Electronics China at the launch event of its premium smartphone Galaxy S10 and S10+ in China.

According to Kwon, Samsung has already provided 5G terminal devices to the countries that have finished establishing 5G networks and infrastructure.