The company has claimed that in the next two years, it would be able to develop a smartphone with Ultra HD 3840x2160 resolution. The Korean company also said that it would be shipping out a smartphone with a 2K display in 2014.

Samsung had last month launched a golden coloured dual screen flip smartphone under its Galaxy series for Rs 51,900. The phone is equipped with two 3.7 inch screens.

"While the outer screen enables the users to make and receive calls, flipping the phone open brings up the inner screen and a large 3x4 keypad with big and bold keys to help users operate the phone with greater ease," the company said.

The company said that the design is aimed at making the phone easy to use and operate. The phone also comes with a 'hidden receiver' that allows users to take calls without opening the folder and provides high quality sound in noisy areas.

The device, powered by 1.7GHz dual-core processor, has 1.5 GB RAM and is based on the Android 4.2 Jelly Bean operating system. It has 8 mega pixel rear camera and 1.9-mega pixel front camera and comes with 16 GB internal memory.