By David Salazar ( | First Posted: Jun 20, 2012 04:34 PM EDT

The Samsung Galaxy S3. (Photo : REUTERS/Fabrizio Bensch/Files)

According to Patently Apple, FoxConn Chief Executive Officer Terry Gou shot down all the hype revolving around Samsung's Galaxy S3 by invoking the iPhone 5.

Gou stated a shareholder's meeting on Monday that the new Apple phone would "put Samsung's Galaxy S3 to shame." The statement would seem to confirm that the release of the coveted Apple iPhone 5 is near. Many rumors expect a September release. There have also been numerous rumors on tech specs and features that the phone could potentially carry.

However, Gou's words are prone to stirring controversy. Last month, he stated that Foxconn was preparing to make the iTV. Apple has made no remarks on any Gou's comments and considering Apple's quiet stance with regards to the iPhone, it is unlikely that they will.

Gou's apparent hatred toward Samsung should not come as a surprise as Foxconn confirmed a partnership with Japan's Sharp Electronics Co. on Monday. Gou expects the alliance to defeat Samsung in the next three to five years.

Wired adds that during the meeting Gou even stated that Samsung was a "company with a track record of snitching on its competitors." He reportedly also added derogatory comments attacking Koreans and supporting the Japanese.

The Samsung Galaxy S3 is slated for a June 21 release with AT&T, but Verizon users will have to wait until July 10 for their Galaxy S3. It packs a 4.8-inch Super AMOLED HD display and has 16/32GB of internal storage and with a microSD card can support up to 64GB. Samsung will also be launching a 64GB variant of Galaxy S3 later this year. The Galaxy S3 also runs on Android 4.0 and will include software features like S Voice, Pop-up Play, Smart Eye tracking, Burst shoot camera mode and S Beam. It has 8-megapixel camera at the back that can record fullHD 1080p videos.

Competition with Apple and Samsung has been fierce recently with Apple attempting to ban the Galaxy S3 from US release. A judge however, decided not to include the product in the case and the phone will be able to launch as expected. 

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