Samsung's Galaxy S5 will be showcased on February 23, 2014 but will hit the shelves in April.
The phone is believed to come with a new user interface that looks like a Windows 8 device and might be priced same as S4 launch price.
The date was revealed by a Russianblogger on his twitter post.
There have been many rumours floating around about the possible specs of the forthcoming Galaxy S5. Evleaks on its twitter handle @evleaks earlier leaked images of the new interface on the S5 which looks a lot similar like the new Magazine UX Samsung introduced in its recent tablets at the CES.
Although it was earlier believed that the Samsung could possibly introduce the iris scanner into the S5, it is now being said that Samsung might after all not do so as the technology is not fully equipped to use at all situations.
Apple vs Samsung: Galaxy S5 iris scan beats iPhone’s Touch ID?
Iris scanning works through the use of infrared light into an eye but a Korean newspaper quoting industry sources said the device could only come with a finger print scanner.
According to the report, Samsung will have to go for a new design as an Iris scanner would require an extra long range camera in the front, apart from the normal rear camera and the front camera used for video chatting and selfies.
“And since iris recognition requires a long range camera, the smartphone, if fitted with the camera, needs a completely different design from previous models,” the report by Korea Herald said quoting an industry source who declined to be named.
Another source also pointed out that an iris scan would also make it difficult for the phone to be unlocked in low light conditions. “Who would want to put their handset up close to their eyes for authentication in places like movie theaters and bed, or even while they are driving?,” the industry source added.
Meanwhile information available about a new patent granted to Samsung in the US points out to a device with no hardware button in the front and a possible finger print scanner at the back.
Samsung is also expected to ramp up the battery for the new phone with one that would rapidly charge the phone in just two hours and last longer compared to existing models.
While the Galaxy S4 has a 2600mAh battery it is expected that the new Galaxy S5 will have a 2900mAh battery.
There are also reports that the S5 will incorporate the next-generation 64-bit Samsung Exynos processor and 4GB RAM and a Quad HD 2560 x 1440 Super AMOLED display and a 16MP camera, thereby transforming it into one of the most powerful devices in the market.
If the launch date of February 23 is indeed correct, the launch is just a month away in Barcelona.
Samsung officials in the UAE told Emirates 24l7 that they cannot speculate on the launch date and were not sure if there would be a local event to coincide with the launch.