The new phone offers better hardware including a faster processor, a higher quality screen and improved cameras.
The deal covers patents currently owned by the companies, as well as any filed in the next 10 years.
The jury found Samsung violated several Apple patents including those related to iPhone's design and appearance
The original S4, which hit the 10 million-sale mark last week to become Samsung's fastest selling smartphone, has a bigger 5-inch full high-definition screen and a 13-mega pixel camera.
Samsung India on Tuesday announced the launch of four new mid-segment smartphones - Galaxy A3, Galaxy A5, Galaxy E5 and Galaxy E7.
On Sept 15 Google launched the first of its Android One phones in India aimed at making smartphones more affordable for the masses.
Amazon.com Inc is preparing to launch its long-rumoured smartphone in the second half of the year, The Wall Street Journal reported on Friday, citing people briefed on the company's plans.
Last month Samsung said that it will launch smartphones with curved display in October.
Xiaomi Inc said it had upgraded its operating system to ensure users knew it was collecting data from their address books after a report by a computer security firm said the Chinese budgetsmartphone maker was taking personal data without permission.
Pantech, South Korea's No.3 smartphone maker, has been under a debt-restructuring programme after suffering six consecutive quarters of losses.
Jury finds that Samsung had infringed two Apple patents
most believed that Apple could have done more to enhance the battery life of the phones.
The Korean electronics giant says it will get more aggressive on pricing and focus on a narrower set of products for its mid-to-low tier products.
Apple has said the watch will launch in April
Shares of the company rose more than 1 percent to $99.44 in heavy trading.
The online strategy cuts down on marketing and distribution costs, allowing Xiaomi to sell feature-rich phones at low prices.
Apple Inc and Google Inc's Motorola Mobility unit have agreed to settle all patent litigation between them over smartphones, ending one of the highest-profile lawsuits in technology.
The addition of a mobile payments service to Apple Inc's next iPhone could help to boost sales of the larger-screen phones and claw back market share lost to mobiles running on Google Inc's Android platform.
Samsung shipped 83.2 million smartphones worldwide and captured 24 per cent market share
The system will wed BlackBerry's security platform with the South Korean company's own security software for its Galaxy devices.
It's earnings from mobile gadgets dropped 64%
The company hopes to revive its fortune with the move
The technology offers better picture quality than LCD, with crisper picture resolution, faster response times and high-contrast images.
Has Steve Jobs' handpicked successor inherited the magic touch or is Apple's winning streak coming to an end?
Broad-based buying aided sentiment and the market registers record turnover at Rs 6.86 lakh crore
India is the world's third-largest smartphone market.
The company is headed for its worst annual profit in three years, under siege as Chinese firms like Xiaomi and Lenovo reel in buyers with full-function touch-screen smartphones that are cheaper.
Loss-making Nokia gains full control of the profitable venture Nokia Siemens Networks for $2.2 billion, a cheaper than-expected price, analysts said, although they also noted the acquisition would put pressure on Nokia's balance sheet.
Samsung recently introduced its "S bike" mode, a feature targeted at India's legions of motorbike riders that, when activated, notifies callers that the phone's owner is riding and cannot answer
Suppliers to Apple Inc are scrambling to get enough screens ready for the new iPhone 6 smartphone as the need to redesign a key component disrupted panel production ahead of next month's expected launch, supply chain sources said.
Internal management tensions, stiff opposition from Chinese handset makers led to halving of the company's market share
The panel producers did not receive Apple's certification, as they were given strict power-saving requirements.
Apple Inc may have disappointed many consumers by not putting sapphire glass covers on its new iPhone, but the scratch-resistant material is gradually making its way into mobile devices despite manufacturing challenges and high costs.
Apple still has a request pending for a sales ban against newer Samsung phones in that proceeding.
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