A fresh report from South Korea has indicated that Samsung's rumored Galaxy S7 will hit the market as early as February 2016, only six months after the release of the Galaxy S6 Edge+ and Note 5.

According to eToday via G for Games, the information was sourced from an SK Securities analyst who is confident that the upcoming flagship smartphone will be showcased in January 2016 then launched one month later in early February.

To those questioning the credibility of the source, it should be noted that SK Securities is supervised by SK Group, the same company that owns SK Telecom, one of the major mobile phone carriers in South Korea.

While this tidbit adds weight to the report, the source's actual involvement with the Galaxy S7 isn't known. There is also no word as to whether the purported timeframe will only apply to South Korea or other parts of the world as well.

In hindsight, the Galaxy S6 and Galaxy S5 were showcased at the Mobile World Congress in 2015 and 2014, respectively. The major tech event in Barcelona normally occurs between late February and early May. Both handsets were then made available to the public in April.

If recent history is any indication, the Galaxy S7 should release in April 2016. However, the early release of the Galaxy Note 5 suggests that Samsung has already reshuffled its launch cycles.

New additions to the Galaxy Note series are often unveiled every September at the IFA Conference in Germany, and then launched sometime in October. This year's Galaxy Note 5 was showcased on Aug. 13 and was later released on Aug. 21.

If the South Korean tech giant is willing to veer away from its four-year tradition, then it's reasonable to expect the Galaxy S7 to be unveiled and released early too.

According to AsiaToday via Sam Mobile, Samsung's next-generation smartphone is allegedly being developed with the "Agile" development methodology. The process is rumored to trim down as much as two months out of the devices' development cycle.

The "Agile" method splits the various aspects of development into smaller bits of work, each bit is then completed at light speed. Once a unit is completed, it is then tested immediately. Build changes are also easier with the "Agile" method than the older but more stable "Waterfall" method.

If Samsung has, in fact, switched to the new process, development of the Galaxy S7 could finish as early as December, Sam Mobile noted.