Samsung Reportedly Plans to Launch More Tizen Smartphones This Year

Samsung Reportedly Plans to Launch More Tizen Smartphones This Year
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Leading smartphone maker Samsung Electronics plans to launch more handsets running on its own Tizen operating system later this year, a person with knowledge of the matter told Reuters on Monday.

Samsung will launch several Tizen smartphones at varying prices, the person said without disclosing other specifications.

The person declined to be identified due to the sensitivity of the matter.

A spokeswoman for the South Korean firm declined to comment.

Samsung aims to build its own ecosystem through Tizen, which powers its smartwatches and premium television sets. But the firm needs more handsets running on the system to expand its user base and attract third-party developers, analysts say.

The company launched its first Tizen smartphone, the Z1, in India in January and has since been selling the device in Sri Lanka and Bangladesh. It has sold 1 million Z1s so far in India, the world's third-biggest smartphone market.

The Z1 was the best-selling smartphone in Bangladesh in January-March, researcher Counterpoint said in a May report.

Samsung Electronics earlier this month said it has no plans to merge with affiliate Samsung SDS Co Ltd, in an attempt to quell speculation that such a deal is in the works to help Samsung Group's succession process.

Samsung Group has been restructuring its sprawling business empire over the past year to secure a stable transfer of control from the founding family patriarch Lee Kun-hee to his three children. The elder Lee remains hospitalised following a May 2014 heart attack, adding urgency to these efforts.

Edited by NDTV staff from original story by Reuters.

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