iPhone 5 to Put Samsung Galaxy S3 to Shame?

Customers looking to purchase the Samsung Galaxy S3 should wait until the new iPhone comes out and skip the Android device, according to Foxconn's Terry Gou.

Gou made a statement on Monday at Hon Hai Precision's annual meeting of shareholders where he basically said that the new iPhone will "put the Samsung Galaxy S3 to shame" when it is released.

His company, Foxconn, manufactures many of Apple's popular products including the iPhone and the iPad.

Gou seems to avidly support Apple, however, he is not the biggest fan of Samsung, stating to the press that it is a lifetime goal of his to defeat the Korean electronics giant.

He claims Samsung is "a company with a track record of snitching on its competitors," referring to the company's actions in 2010 where it snitched on four Taiwanese companies in an investigation by the European Commission on price-fixing in the flat panel industry.

The company was then exempted from the investigation after being deemed a "tainted witness."

Gou also revealed to the press that Foxconn's Sakai plant has an exclusive agreement with Corning Inc., the American company responsible for creating Gorilla Glass.

Due to this agreement Apple's competition will not have access to any of Corning's valuable materials.

Apple is expected to launch the new iPhone in the fall. Many analysts say that it will probably drop in October.

The Samsung Galaxy S3 has already launched in various parts of the world and will be released in the U.S. for five of its major carriers at the end of this month.

The two companies already have has some issues pertaining to the S3 as Apple filed a patent infringement claim for Samsung's S-Voice feature on the device that is strikingly similar to the iPhone's Siri.

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