KEY POINTS
  • Samsung announces its newest flagship phones: Galaxy S10e, Galaxy S10, Galaxy 10+ and Galaxy S10 5G.
  • CNBC takes a first look at the phones, which launch on March 8 and start at $749.
  • The phones feature large screens with a "hole punch" in the display for the front-facing camera.

Samsung on Wednesday introduced its new lineup of premium and pricey Galaxy S10 phones, which will take on Apple's latest iPhone lineup.

They're expensive phones to launch in a landscape where consumers have shown they're reluctant to part with $1,000 for a new phone. This shift has helped companies like Huawei and Xiaomi gain market share, especially in China. It's one reason that Samsung, like Apple, is launching a cheaper $749 phone this year.