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Edition: U.S. Article Comments (0) Slideshow Follow Reuters Facebook Twitter RSS YouTube Read Storms knock out TVA nuclear units, power lines 27 Apr 2011 Alabama storms, tornoadoes kill 45 -authorities 27 Apr 2011 Exclusive: Facebook investors look for exits 27 Apr 2011 UPDATE 8-Buffett's Berkshire says Sokol deceived, broke law 27 Apr 2011 UPDATE 3-Sony gamers threaten to leave after hack 27 Apr 2011 Discussed 150 Texas governor calls for prayers for rain 138 Obama sees no magic bullet to push down gas prices 90 White House releases longer Obama birth certificate Watched Fire ants form rafts to defy floods Tue, Apr 26 2011 Nokia announces layoffs, outsourcing Wed, Apr 27 2011 Tornado caught on security camera video Tue, Apr 26 2011 Samsung launches Galaxy S sequel Tweet Share this SEOUL (Reuters) - Samsung Electronics Co, the world's No.2 handset maker, launched a new version of its flagship smartphone Galaxy S in South Korea ahead of its global debut in May, targeting global sales of over 10 million this year. The local... Email Print Related News Nokia axes 7,000 jobs to cut costs Wed, Apr 27 2011 Sharp offers no annual forecast after quake Wed, Apr 27 2011 Ford posts best first-quarter profit in 13 years Tue, Apr 26 2011 Sony chases Apple with launch of Android tablet Tue, Apr 26 2011 Auto production faces bigger hit after Japan quake Mon, Apr 25 2011 Analysis & Opinion How fareâ€™s thee? Tech wrap: Sony admits PlayStation Network privacy breach Related Topics Technology » Media » Stocks 1 / 2 Models pose with Samsung Electronics' new smartphone Galaxy S II at the company's headquarters in Seoul April 28, 2011. Samsung Electronics Co , the world's No.2 handset maker, launched a new version of its flagship smartphone Galaxy S in South Korea ahead of its global debut in May, targeting global sales of over 10 million this year. The local debut of the Galaxy S II comes as it is locked in a legal battle with Apple Inc over alleged mobile technology patent infringements and design copy claims, as they jockey for position in the competitive smartphone market. Credit: Reuters/Truth Leem SEOUL | Thu Apr 28, 2011 1:55am EDT SEOUL (Reuters) - Samsung Electronics Co, the world's No.2 handset maker, launched a new version of its flagship smartphone Galaxy S in South Korea ahead of its global debut in May, targeting global sales of over 10 million this year. The local debut of the Galaxy S II comes as it is locked in a legal battle with Apple Inc over alleged mobile technology patent infringements and design copy claims, as they jockey for position in the competitive smartphone market. The South Korean firm said on Thursday it would roll out the new model, at the heart of its drive to boost smartphone shipments to 60 million units this year, globally from May through 140 operators in 120 countries. Samsung aims to sell more than 10 million units of the new smartphone this year and is also targeting an over five-fold rise in sales of its Galaxy Tab tablets, the head of its mobile division, JK Shin, told reporters. The Galaxy S II uses Samsung's own dual-core application processors. It is slimmer and has a bigger display than the previous version, which has sold around 14 million units since its launch in June last year. In South Korea, one of the most lucrative markets for Samsung's smartphones, it sold about 2 million Galaxy S handsets last year, one-fifth of the global total. The new product, which is based on Google's Android operating system, will be sold in South Korea through operators SK Telecom, KT Corp and LG Uplus. Shares in Samsung fell 1.5 percent by 0150 GMT, lagging a 0.5 percent rise in the wider market. (Reporting by Miyoung Kim; Editing by Jonathan Hopfner) Technology Media Tweet this Share this Link this Digg this Email Reprints We welcome comments that advance the story directly or with relevant tangential information. We try to block comments that use offensive language, all capital letters or appear to be spam, and we review comments frequently to ensure they meet our standards. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. Comments (0) Be the first to comment on reuters.com. Add yours using the box above. 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