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Samsung's logo is seen on a Galaxy smartphone displayed at the company's headquarters in SeoulSamsung Galaxy S IV launch is one of the most anticipated events and now that we’re drawing closer, the rumours are coming thick and fast.

The latest one, courtesy SamMobile mentions that the Galaxy S IV will come with a new display technology from Samsung in the form of a “green PHOLED”, that bears similarities to the company’s current AMOLED displays. What’s different you ask? Well, according to the blog’s “insider”, the new display uses colour GREEN-YELLOW to make it 25% more efficient in terms of battery consumption.

Furthermore, the blog also reiterates the earlier rumoured floating touch technology that will be a part of the Galaxy S IV. The technology present in Samsung’s Air view, is only found in the famed S Pen as of now. This is the same technology that Sony had first incorporated in its Xperia Sola smartphone. It lets consumers browse the web by hovering their finger above the screen so it acts like a moving cursor, without actually having to touch the display.

The Samsung-focused blog also confirms through its same “insider” source that the device will pack an eight-core Samsung Exynos Octa processor, a 13-megapixel rear camera, 2 GB RAM, and a Photosphere-like function called Samsung Orb.

Also, it will run Android 4.2.1 at launch, with an update to Android 4.2.2 promised to come in the same month as its release. An enhanced version of Samsung’s TouchWiz Nature UX, most likely version 2.0, will also make its way to the smartphone.

What’s interesting is that so far, we’ve heard about two different Samsung devices for the Galaxy S IV. While one comes with the aforementioned specs, the other has a Qualcomm Snapdragon 600 processor and a Super LCD3 screen. It’s still unclear, which of the two will officially be unveiled or whether both indeed will go on sale.

From past rumors, we’ve heard that one model will be headed for North America, while the other one will make its way to Europe and other regions.

We earlier reported that Samsung is also introducing new ‘Smart’ features that could be seen in its upcoming flagship namely Smart Scroll and Smart Pause amongst Smart Rotation and Smart Stay. The features were earlier leaked via screenshots indicating firmware for the Galaxy S III which will update the phone to Android 4.2.1.

Smart Scroll will allow the content on the screen to scroll automatically (considering the feature is turned on) if the device detects your attention towards the screen. Smart Pause, on the other hand seems to be restricted to videos, which will be paused once you look away from the screen.

The same blog earlier also reported via its sources that the Galaxy S IV will feature 6 variants with Black and White colours and each colour variant to further include 16/32/64GB storage options.

Credit: NDTV