Following the success of the Samsung Galaxy S4, it seems the spotlight now lies on its upcoming refresh. Reports say the Samsung will be releasing the Galaxy S5 around the first quarter of 2014. As more sources cite leaked and speculated specs, the more interest the product gains. Among the most interesting details include a flexible display and 64-bit CPU. There is also new information that Samsung will be offering it in two versions much like how Apple offered the iPhone 5 in iPhone 5s and iPhone 5c versions.

It seems the rivalry goes on as reports cite Samsung planning to release a top-tier and mid-range versions of the Samsung Galaxy S5. The top-tier will be made of metal while the mid-range will be made of plastic. Reports also indicate that Samsung could be arriving around February or March 2014.

The reason why there is so much hype on the device is because analysts predict the handset could come with some serious next-level specifications. What is even better is that Samsung will reportedly make sure both versions will feature excellent specifications.

The top-tier version will have a flexible display plus metal casing. As for the traditional variant, it will sport a non-flexible screen and plastic body. Other features reported include Android 4.4 KitKat, 5-inch display, 16MP rear camera, 64-bit octa-core Samsung processor and 3GB RAM. Samsung will also add a 4,000mAh battery.

To put it simply, Samsung Galaxy S5 will embody every improvement on every aspect on the Galaxy handset line. It should be one powerful handset to beat. There are also reports saying that Samsung will be producing around 800,000 to 1,000,000 pieces of the Galaxy 5. The company will then increase production up to 6 million by February.

When March comes, analysts expect Samsung to be putting out around 8 to 10 million units of the much awaited Galaxy handset. There are also reports saying that Samsung plans to release the Samsung Galaxy Gear 2 along with the Samsung Galaxy S5. People will have to wait for the official announcement and confirmation of details.

Samsung has been successful in extracting every penny on their Galaxy line, this new move similar to Apple's may bring in great results but analysts say it can also be a gamble. It all depends once the product is released on the market.