Samsung Electronics will reportedly roll out two variants of the Galaxy S5 early next year, equipped with a 64-bit ARM chip.

A premium Galaxy lineup will likely sport a 5-inch flexible OLED display and a metal chassis, while a stripped-down model will come in a plastic body, according to a news report.

It is expected that the new models will run on the 64-bit Exynos chipset and a Qualcomm Snapdragon chip.

The smartphones will be equipped with 3GB of RAM, a 16-megapixel camera, and a 4000mAh battery.

The release date, according to news reports, will be in either February or March.

A Samsung spokesperson declined to make any comment on the news reports.

By Kim Young-won (wone0102@heraldcorp.com)