NEW DELHI (TIP): Smart phone manufacturer Samsung Electronics, on March 27, introduced Galaxy S5 in the domestic market. The features include a 16-megapixel camera, fast 3G speeds at 42Mbps and Octa-core processor capable of operating all eight cores at the same time, said a company release.

It has a perforated pattern on the back cover, and is being offered in charcoal black, shimmery white, electric blue and copper gold, and is IP67 dust and water resistant. It has a finger scanner and biometric screen locking feature. Galaxy S5 also introduces S Health 3.0, a fitness application. “Galaxy S5 offers the world’s fastest auto focus speed up to 0.3 seconds and advanced high dynamic range (HDR)”, the release said.

Samsung Galaxy S5 is priced between Rs.51,000 and Rs.53.000. Samsung also announced three wearable devices — Gear Fit, Gear 2 and Gear 2 Neo. These devices will be available across the country through Samsung’s retail stores and e-commerce sites from April 11 onwards. Galaxy Gear 2 is priced at Rs.21,900 and both Galaxy Gear 2 Neo and Galaxy Gear Fit are priced at Rs.15,900.

Asked if the pricing was slightly on the higher side, Samsung India Country Head (IT and Mobile Division) Vineet Taneja said people would not mind paying for a quality product. “I think the Rs.50,000 barrier got broken when we launched the Galaxy Note 3, for which we have got a good response. People are looking for value and for a quality product, they don’t mind paying,” Taneja said. He said the company would offer customers buyback and EMI schemes. “Our financing options make the device really affordable,” Taneja said.