Samsung just released the Galaxy S III, and now reports are saying that will soon release the Galaxy S IV sometime in the beginning of next year.

According to BGR News, Samsung is looking to build on the success of the Galaxy S3 and will unveil a sequel to the popular device in February 2013, according to a rumor from The Korea Times. "Samsung is ready to unveil the next Galaxy smartphone - the Galaxy S4 - at early next year's mobile world congress in the Spanish city of Barcelona," an anonymous Samsung official told the publication.

The Galaxy S4 will feature a 5-inch display, a quad-core Exynos processor and 4G LTE capabilities, according to BGR. It will also be OLED-based.

The official noted, however, that Samsung has not yet decided whether it will use a flexible display due to a number of production problems it has already encountered.

"Samsung wants to keep its one-year product schedule and the Galaxy S4 will be the first to match that strategy," said an unnamed official from one of Samsung's local partners. "The S4 will see some external changes but retain its popular rectangular shape with rounded corner concept."

According to Autoomobile.com, the new Galaxy smartphone might feature a next gen 13-megapixel back illuminated sensor, which they are calling S5K33L2. This new sensor would come with the 1/3.2" format with pixels of 1.1µ and this means in English that photos would have a resolution of 4208 x 3120 and capture of video at 30 FPS. The images would, according to Samsung have high contrast despite the fact that they would be shot at high frame rates, according to the report.

Samsung is already on a roll. The tech giant recently announced that it expects sales of its flagship Galaxy S III smartphone to exceed 30 million units by the end of 2012.

Samsung recently revealed its new Galaxy Note 2. The new Note will directly compete with the iPhone 5. It will feature a 5.5-inch screen, which is smaller than existing tablets yet larger than other smartphones. It has a 8-megapixel camera. It is also expected to have Android 4.1 Jelly Bean pre-installed and come with the S Pen experience. It is being called a "phablet," a cross between a phone and a tablet.

eWeek reported that the new "phablet" will be likely out in time for holiday sales. It has a 5.5-inch display and smaller than existing tablets yet larger than other smartphones. It's longer and slimmer, Super Amoled display with 1280 x 720p HD resolution. It has a Samsung 1.6GHz quad-core Exynos processor, and the standard battery is now 3100mAh. It will ship with Android 4.1 Jelly Bean.

The Note 2 will be optimized for LTE 4G technology and will have a physical S pen, which is now longer and thicker.

These new gadgets have BIG competition though. Apple's new release of the iPhone 5 has Apple fans in a frenzy. According to reports, Apple unveiled the iPhone 5 and pre-orders of the device reached 2 million in the first 24 hours of availability - twice the number the iPhone 4S achieved last year."

According to TechLive, the iPhone 5 is "the fastest-selling iPhone the company has ever offered." The first iPhone pre-orders should arrive on September 21.

The Galaxy S4 will come only nine months after the S3, which shows that Samsung wants to dominate the smartphone market and keeps its Apple rival at bay. 

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