South Korea''s Samsung Electronics launched domestically its latest Android-powered Galaxy device -- the Galaxy Note -- and said it hopes to sell as many as two million. 

The company gave no timeframe for the forecast sales of the Note, which is already available in other countries, AFP reports.

The Note, with a 5.3-inch (13.5 centimetre) screen, is positioned between the firm's flagship Android-equipped Galaxy smartphone and its Galaxy Tab. 

Samsung said the device combines the portability of a smartphone with the larger screen of a tablet. 

"Galaxy Note is a revolutionary product opening a new category in the market," said JK Shin, head of the mobile communications business, in a statement. 

The firm also launched the Galaxy Nexus, the first smartphone to run on Google's newest Android operating system which has been dubbed the " Ice Cream Sandwich".