Rumors and reports are circulating and saying that Samsung will release a new phablet, the Samsung Galaxy Note 5, later this year.

Consumers, especially Samsung and Android users are quite anxious since it is expected that Galaxy Note 5 will be better and more improved than its predecessor. Rumor has it that the upcoming phablet will be released in the third quarter of the year which is starts in October.

Although the rumors are not confirmed by Samsung, reports are also suggesting that Galaxy Note 5 will house one of the biggest processors out there, that is, the Exynos 7420. Evidently, Samsung users will definitely have one of the best gadgets of the year, complete with the latest and up to date features.

Another feature that has been reported says that Galaxy Note 5 will also feature an 8 GB RAM and a 64 GB internal memory and is even expandable to 128 GB. That's a lot of storage space for one phablet alone.

The new rumored Galaxy Note 5 will also feature a 4K AMOLED display with a screen size of up to 5.9 inches. Not only that, it has been rumored that the new phablet will have a 5 MP front camera and a 20 MP rear camera. Not only that, the camera is said to have the capability to capture an 8K resolution video.

Of course, it is expected that the new phone will have an even more advanced TOUCH ID button and retina scanner. Meanwhile, there is also one feature that users who are always on the go will surely love. It is rumored that the Galaxy Note 5 has a super charger which can be fully charge a battery in just five to ten minutes.