Samsung Galaxy S5 - New roll out launch date,features

Samsung has reportedly announced its plans to roll out the Galaxy S5 smartphone that would include 'iris scanning technology' in a possible competition to Apple's finger scanning tech in its latest iPhone 5S.

The Galaxy S5 is expected to be unveiled in April and an updated version of the Galaxy Gear smartwatch would also make its debut alongside the smartphone.

According to The Verge, the company's mobile executive VP, LeeYoung-hee said that the new version of the Galaxy Gear smartwatch would feature "more advanced functions, and the bulky design will also be improved."

The South Korean electronics giant is also said to be soon rolling out an updated Galaxy Note line for the second half of this year and is said to be considering a "three-sided display" to allow for visibility from multiple angles.

Lee further explained that the Galaxy S4 may not have resonated with consumers as much as its predecessor because the industrial design was similar and for the S5 model, they will go back to basics and improvements would be more in the display and the feel of the cover.

The report added that the Galaxy S5 would have a new Android skin that features a pastel color scheme and thinner fonts.