Pricing wasn't announced, but we expect an India-specific event soon where we'll find out more on that.
Take a closer look at the Galaxy S7 and S7 Edge on Gadgets 360.
After a vote of thanks from DJ Koh, that brings the Galaxy Unpacked 2016 event to a close!
Mark leaves the stage for DJ Koh.
Trust Mark to show up in a T-shirt!
All of Facebook's technology will come to the Gear VR in the next few weeks.
200+ games and apps are already available for the Gear VR on the Oculus store.
Samsung will handle the hardware, while Facebook takes care of the software through its Oculus know-how.
Samsung and Facebook are teaming up to give an improved VR experience.
The CEO and founder of Facebook is talking about VR.
Well well well, this is a surprise. Mark Zuckerberg is on stage!
It's Gear VR time again...
It's a user-friendly 360-degree camera to create immersive spherical videos.
Here's the Gear 360.
Project Beyond from Samsung is for professionals. For the rest of us, there's the Gear 360.
You probably remember Pranav from Ted Talks.
Now being launched: The Samsung Gear 360. Soon to be on stage, Samsung's boy wonder Pranav Mistry, VP of Research.
A bunch of services are going to be supported by the Samsung Galaxy S7 phones, including Samsung Connect Auto.
It still won't be available in India though.
Samsung Pay will use NFC and MST for payments.
DJ Koh returns to the stage.
Select countries, including the US and European nations will get the Gear VR as a gift on pre-orders.
Justin is back, this time he's thanking customers for feedback and the engineering team for their work.
The Vulkan API lets you render graphics four times faster than OpenGL.
Epic Games founder Tim Sweeney takes the stage now to talk about gaming on the Samsung Galaxy S7 phones.
You can now binge-watch a whole season of GoT on a single charge.
The S7 and S7 Edge will sport an SoC that is 30% faster. There's also an interesting new cooling system to keep things, well, cool.
It catches movement within the panorama shot.
Now being showcased: Motion Panorama.
100% of the pixels are used to focus, so focusing is expected to be much quicker.
We didn't just make the pixels bigger, but also better.
The camera has an F1.7 aperture to let in more light, and the pixels in the sensor are 30% larger than on the iPhone 6S Plus.
The 12MP camera is said to be equally good in good light and low light.
Sure enough, the microSD card slot makes its return.
Instead of sealing it from the outside, the phones are water resistant sealed from the inside.
You can also download third-party screens to customise the low-power display.
The new devices have an always-on display to show you basic information even when locked.
Did you know that the average person checks their phone 150 times a day?
Third party apps for the Edge panel will be coming...
Sure enough, the S7 Edge is bigger at 5.5 inches.
Here are the phones...
Senior VP of product strategy Justin Denison takes the stage.
That's enough VR for now...
The S7 and S7 Edge here!
In keeping with the 360-degrees theme, the stage is surrounded on all sides by the audience.
The audience is being invited to put on the Gear VR headsets.
The Gear 360 camera will also be seen at this launch.
There's also going to be IP68 water and dust resistance on the Galaxy S7 and S7 Edge.
It's a packed house at Galaxy Unpacked 2016 in Barcelona...
It's going to be a 3000mAh battery for the S7 and a 3600mAh battery for the S7 Edge.
Meanwhile, the S7 Edge will have a 5.5-inch 1440x2560 pixel screen.
4GB RAM, 32/64GB of internal storage and a microSD card slot are also confirmed.
The Galaxy S7 will have a 5.1-inch 2560x1440 pixel screen.
We're minutes away from show time! The venue is buzzing...
Everyone in the audience has been given a Gear VR to see the launch event. Impressive!
The launch event is set to begin in less than 10 minutes, and the audience has been asked to take their seats.
From the picture, it looks like the S7 Edge will be bigger than the S7.
One of the big changes we're expecting this year is the return of expandable storage, which was dropped on the S6 and S6 Edge.
We have less than half an hour to go for Samsung Galaxy Unpacked 2016 in Barcelona!
A little over an hour to go for Samsung Galaxy Unpacked 2016 in Barcelona, where Samsung is expected to unveil the Galaxy S7 and S7 Edge smartphones at MWC 2016. We'll be bringing you minute-by-minute updates on the action.
The event starts at 23:30 hours IST, so stay tuned for live updates.
Samsung is expected to launch the Galaxy S7 and the Galaxy S7 Edge smartphones at MWC 2016.
Welcome the Gadgets 360 live blog coverage of tonight's Samsung event at MWC 2016 in Barcelona.
Samsung is expected to launch the Galaxy S7 and Galaxy S7 Edge smartphones at MWC 2016 in Barcelona. Both smartphones are expected to be the company's flagship devices. Going by previous Samsung launch events, you can expect some digs at rival smartphone makers, particularly Apple.
The rumour mills have been working overtime with multiple leaks that hint at everything from specifications to price of the Samsung Galaxy S7 and Samsung Galaxy S7 Edge. Samsung has even released some unboxing videos ahead of the launch of its flagship smartphones.
Samsung is expected offer the Gear VR virtual reality headset as a bundle along with the smartphones for the first few people to buy the devices. The exact number of people who will get this offer is expected to be revealed at the event. Samsung Galaxy S7 and Samsung Galaxy S7 Edge are expected to be water-resistant. The devices are expected to ship with Corning's Gorilla Glass 4.
The Samsung Galaxy S7 and the Galaxy S7 Edge are both expected to ship with Qualcomm Snapdragon 820, 4GB of RAM, and 32GB inbuilt storage. While the Galaxy S7 is said to sport a 3000mAh battery, its curved version will be backed by a 3600mAh battery. Another rumour says that the smartphones will be up for pre-order soon after their launch on Sunday. Obviously, the company will reveal the availability dates for both the smartphones during the event but a rumour says that these will be available on March 11.
The Samsung Galaxy S7 and the Samsung Galaxy S7 Edge are also likely to feature a pressure sensitive display. This could work just like 3D Touch on iPhone 6s and iPhone 6s Plus. Another leak claims that those who pre-order these Samsung smartphones will get them around three days before they are available in stores.