Following Apple's announcement of the iPhone 5S and the iPhone 5C on Tuesday, all eyes are on the company's biggest rival, Samsung. It didn't take long for the Apple competitor to release a bit of news.

Samsung mobile business chief Shin Jong-kyun confirmed to The Korea Times that Samsung plans to introduce 64-bit processing capabilities in its next-generation smartphones. However, the functionality will not roll out in the "shortest time," Shin said.

Apple's iPhone 5S has a 64-bit processor, the first smartphone with this feature — making it much faster than its predecessor, the iPhone 5.

Shin also addressed Apple's intentions to increase its footprint in China's enormous market. “Samsung understands that Apple intends to boost its mobile business in China, as well as in Japan, meaning that we should try harder in these countries."

Are you more likely to buy an iPhone or wait until Samsung's next-gen smartphone? Sound off in the comments below.

Image: iStockphoto, holgs