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Last updated: June 4th, 2015 at 09:57 UTC+02:00
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Rhee was actually talking about Samsung Pay, the company's new payments service which has been delayed from July to September. Initially Samsung Pay is going to be launched in the United States and South Korea before it's expanded to China and Europe. Rhee said that Samsung Pay will first be deployed on the company's next high-end handset and it's clear that he means the Galaxy Note 5, he also added that the company hopes up to 20% of its smartphone owners will use the payments service. IFA 2015 starts off on September 4th, that's when the Galaxy Note 5 is very likely to be unveiled and from the looks of it customers may not have to wait for too long following the announcement to actually go out and buy Samsung's next high-end handset.
Adnan Farooqui is a long-term writer at SamMobile. Based in Pakistan, his interests include technology, finance, Swiss watches and Formula 1. His tendency to write long posts betrays his inclination to being a man of few words.