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Samsung launches Galaxy variant with curved screen

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Samsung Electronics on Wednesday launched a variant of the popular Galaxy Note smartphone with a curved display, moving a step closer to introducing wearable devices with flexible screens.

The Galaxy Round's 5.7-inch (14.4-centimeter) display has a slight horizontal curve and weighs less than the Galaxy Note 3, allowing a more comfortable grip than other flat-screen models on the market, mobile carrier SK Telecom said in a statement.

(Read more: Cramer: 'Curtain has closed' on Samsung smartwatch)

Curved displays open up possibilities for bendable designs that could eventually transform the high-end smartphone market by allowing mobile and wearable gadgets to take new forms.

LG Electronics plans to introduce a smartphone with a vertically curved display in November, a source familiar with the matter said this week.

(Read more: Look out Samsung! Is this the next big smartwatch?)

Samsung's new phone, available through South Korea's biggest mobile carrier SK Telecom, costs 1.089 million won ($1,000).

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