The Samsung Galaxy S5 and Galaxy Note 4 could both feature 64-bit CPUs, according to a statement made by Samsung earlier this month.
"Not in the shortest time. But yes, our next smartphones will have 64-bit processing functionality," said Shin Jong-kyun, Samsung's mobile business chief, adding he followed the media coverage of Apple's new iPhone.
He also implied that Samsung's market share in China would remain intact despite the increase in brand awareness Apple made with the new iPhone 5C.
"Samsung understands that Apple intends to boost its mobile business in China, as well as Japan, meaning we should try harder in these countries," said Shin Jong-kyun.
The Korean company currently offers a much wider range of products in the Chinese market that it believes will solidify its market share in the region.
"Apple believes that it can boost its market share in China thanks to stronger brand awareness. However, with better pricing, a diversified product lineup and solid partnerships with local channels, Samsung plans to keep its current momentum in China. We have no reason to allow Apple to steal market share from us," said a low-ranking Samsung executive to KoreaTimes in a recent statement.
Apple unveiled the new iPhone 5S and iPhone 5C at its media event earlier this week.
The handset will come with a new A7 processor and will be the world's first true 64-bit smartphone. Apple stated that it is five times faster than its predecessor the iPhone 5, and will run the newly unveiled Infinity Blade 3 app with absolutely no lag.
The iPhone 5S also comes with the new fingerprint sensor for added security and A7 Motion Sensor chip that improves the experience with fitness apps.
Customers can pre-order the iPhone 5S and 5C as early as today.