The handset is expected to be powered by either the Samsung Exynos 8990 or the Qualcomm Snapdragon 820 processor and it may be the first Samsung smartphone to launch with a 256GB storage option using Samsung's new 256GB UFS storage.
Meanwhile, although the Galaxy Note 6 may get some ideas from the Galaxy S7, rumors say that Samsung will make market the upcoming flagship as a phablet, with top-tier specs such as 6GB of RAM and a phablet dock. Despite its technological superiority over the S6, both S7 models are apparently as much as 8 percent cheaper to manufacture.
"Last year, demand for the Galaxy S6 Edge model was high, but because of supply constraints, Samsung lost the window of opportunity".
Sales were 49 trillion won in the quarter, Suwon-based Samsung said, compared with the 48.8 trillion won analysts expected.
The company will report its full first quarter results later this month. In a January 28 announcement, Samsung reported an operating profit of $5.05 billion (6.14 trillion Korean won) for the fourth quarter of 2015, down from the $6.4 billion the company posted in the third quarter.
Samsung could be ready to move the launch of its flagship phablet - the Galaxy Note 6 - forward as it seeks to capitalize on the success of the early release of its Galaxy S7 smartphones.
Samsung's Galaxy S7 is flying off the shelves, but industry analysts are already looking to the company's next big release.
Most of Samsung's revenue is in telephones, a decelerating market in which it also competes with Huawei Technologies Co (華為) and Xiaomi Corp (小米).
It rebounded back to 1,140.5 won at end-March, indicating Samsung enjoyed favorable foreign-exchange conditions for the first two months of 2016.
If the actual earnings report, set to be delivered later this month, is in line with the estimate, it would stand as a signal for the revival of the mobile division, analysts said.
Should Samsung follow through on the strong forecast, it would show a remarkable turnaround from the slump in earnings seen in the last quarter of 2015.
On the South Korean Stock Exchange, Samsung shares are now trading at 1,265,000 won, down 20,000 won or 1.56 percent on a volume of 151,278 shares.
Source: Industry experts predict early release
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