Samsung unveils new Android handset

Samsung unveiled its newest smartphone handset on Tuesday.

The company said that the new Galaxy S model would soon be launching globally and will run Google's Android 2.1 operating system.

One of the main selling points for the Galaxy S is expected to be its screen. The four-inch AMOLED touch-screen display will be outfitted with the same imaging engine the company uses for its television sets. Samsung hopes that the screens will provide a brighter, clearer picture.

Other hardware features will include a 1ghz processor and 16GB or storage with room for an additional 32GB of removable storage.

On the software side, the Galaxy S will sport Android 3.1 along with in-house components such as a media player, Microsoft Office 2007 support and news and weather applications.

"The Android-powered Galaxy S will set a new standard for smart phones," predicted Samsun president and head of mobile communications JK Shin.

"The Galaxy S is the perfect device for people in all corners of the world who want that extra edge; to be more effective, productive, better connected, and in tune with their smart life, both personal and professional."

Samsung's announcement comes on the heels of an analyst report suggesting a looming boom in the smartphone market. Research firm Parks Associates suggested that by 2014 more than one billion smartphones will be in use.