Smartphone buyers wanting to experience the combined Android and Galaxy environment would likely be treated by Samsung with the rejuvenated editions of its former flagships, a new report said.

Samsung could be planning to repackage the Galaxy S3 and the Galaxy S2 - two handsets that firmly established the South Korean firm's reputation as the biggest threat to Apple's smartphone dominance, Gotta Be Mobile said in a report.

Earlier reports have indicated that the GS3 is in for a major refresh this year. It will have better screen, higher battery rating and possibly wireless charging support. The tweaks are meant to keep the bestselling handset a revenue generator for Samsung.

The move, analysts said, makes sense as the GS3 proved as Samsung's biggest seller to date, racking up 40 million unit sales as of December 2012. It is safe to assume that the figures added up few more millions in the past four months.

And Samsung wants to play on the momentum by ensuring that the GS3 remains a fresh option for global buyers.

As strongly hinted shortly after the glitzy debut of the Galaxy S4, Samsung would deploy many of the new features that it introduced with new flagship. It is likely then that GS3 buyers would enjoy the smart and powerful features packed with the Samsung's Premium Suite.

The possibility is also high that the GS3 is listed as among the Galaxy handsets that will get Google's upcoming Android version - Key Lime Pie. The platform should be ready for deployment later this year.

As for the GS2, GBM believes it will get most of the Premium Suite features but with some limitations. The restriction, of course, is due to hardware specs as it would be remote for Samsung to reconfigure the handset's existing prowess.

One possible addition for the GS3 and the GS2 is dual-SIM capability, which Samsung had allowed on the original Galaxy S series. Selling the former flagships with two-SIM accommodation would add up to Samsung's global revenue targets, especially in emerging markets like China and India.

Selling 'legacy handsets' is a lucrative option even for a tech giant like Apple. Its iPhone 4 and iPhone 4S delivered millions of sales in the past two quarters, even surpassing the iPhone 5 is some markets.

So it is hardly surprising that Samsung will take a page from its arch nemesis and draw huge cash in the process, analysts said.