Samsung announced some great new technologies it has been developing under its wing at the CES event that will be possibly included in the upcoming Samsung Galaxy S4.

Two of the technologies announced by the tech giant from South Korean are the 8-core processor and flexible displays.

Samsung introduced the Exynos 5 Octa, which is an 8-Core processor. Samsung confirmed that this new processor will be featured on some of its upcoming products lined up this year. Samsung said that this new chip will allow smartphone and tablet users to perform multi-tasking without lag.

"Level of pure processing power, never seen before in mobile devices and more detailed damage to cards, then ever before," said a Samsung executive at its keynote at the CES event.

Samsung also stated that the new Exynos processor has twice the graphics performance of anything that its currently available on the market, but that it is also very frugal, for up to 70 percent power savings. It uses Cortex-A7 cores for the mundane tasks, and Cortex-A15 ones for the more sophisticated ones.

Samsung re-introduced the public to its YOUM flexible display at CES, which could also end up being used when the Galaxy S4 is built.

Samsung's goal with the new flexible displays is to allow users to fold their tablets and phones for easy storage and portability. The company could also take advantage of the technology by having a smartphone with a screen extending to the sides where the notifications can be displayed even when the handset is lying down on a flat surface.

Samsung confirmed that the technology is almost ready to be used and should appear on upcoming smartphones and tablets including the Samsung Galaxy S4.

Rumour has it that Samsung Galaxy S4 may boast a massive 5-inch display which throws it right into the phablet category. It will also have a 13MP rear camera, a bigger battery and the new EXYNOS 5440 quad-core processor, which will make the device thicker.

The Samsung Galaxy S4 is pegged for release on either the second or third quarter of the year as it is planning for a head start over its rival. Samsung revealed that the much awaited smartphone will be released post May of this year.

Samsung has not yet confirmed nor denied the rumoured features of the upcoming smartphone.