Despite the disastrous sales of the so-called "watch phone" that came with the Galaxy Note 3, Samsung is banking on the success of the Galaxy S5 to recoup their losses.

According to the International Business Times, the S5 is set to be released in early 2014. Amongst some of the jaw-dropping features of the new phone:

-A 5-inch AMOLED screen, with a 2560 x 1440 resolution and a pixel density of 560 pixels per inch (stomping out both the iPhone and Android competitions)
-An 8-core Exynos CPU, which easily bests the 64-bit mobile computing found in the high-end Apple iPhones
-RAM provisions that go up to 4GB (or even higher).

But perhaps the most jaw-dropping feature of the new Galaxy phone, according to USwitch.com, is the "bendable screen." But it's not quite what you think: the handset will feature a radical three-sided screen that means owners can read messages from angles that would ordinarily make this impossible. This feature comes in response to Apple's claim that they, too, will be developing so-called "bendable screens" which will be available on their new-model iPhones, also set to drop in early 2014.

But don't get your hopes too far up about the "bendable screen": according to Bloomberg, Samsung will only make this feature available in the South Korean market.

These confirmations, according to Tom's Hardware, end months of rumors that began during Samsung's so-called "Analyst Day." At that time, Samsung revealed a two-prong approach in creating a 64-bit chip. This involved developing a 64-bit chip based on ARM's design, and then its own "optimized" 64-bit CPU core design afterwards. This approach was revealed by Stephen Woo, president of System LSI at Samsung Electronics, although a specific time frame for the custom core was not provided.

Will you be getting the new Galaxy? Leave your thoughts in the comments below!