Samsung's flagship Galaxy S5 phone hasn't hit the market yet, but rumors related to the Galaxy Note 4, company's next-gen Note series handset, have started gaining momentum across the web. If recent reports are to be believed, the Note 4 could sport a better display than S5.

According to CNMO (English translated), the Galaxy Note 4 could feature a "2K" display with a resolution of 2560x1440 pixels, compared to S5's resolution of 1920x1080 pixels. Although the blog also said that the device could sport a UHD 4K display, it seems unlikely. The device is expected to sport a 20.7MP rear camera with 4K video-recording capability.

Just like the Galaxy S5, the upcoming Galaxy Note 4 is expected to be water- and dust-proof. It could also have a 64 bit processor. Currently Apple's iPhone 5S is the only phone in the market with a 64-bit processor. As far as operating system is concerned, the device could run on Android 4.5.

Other leaked features include 4G network support, dual-band Wi-Fi capabilities, handwriting-recognition technology to unlock the device, 4GB RAM, 128 GB internal memory, optical image stabilization, and improved battery capacity. As per the report, the price of the device will be less than $800.

The device's release date is unclear at the moment due to the early launch of the Galaxy S5. Although it is expected to be unveiled at the IFA tech expo in Berlin in September, Samsung could opt for a separate event before that.