Samsung might be getting ready to launch the new Galaxy Note III along with the Galaxy Gear smartwatch but the rumour mills have already moved on. New leaks are now talking about the Galaxy S5 smartphone. According to a report in the South Korean Electronic Times News the Galaxy S5 will come with a 16 megapixel camera with Optical Image Stabilisation technology (OIS). Currently the Samsung Galaxy S4 Zoom comes with a 16-megapixel camera with a zoom lens. The report on the Korean website also states that the Samsung Galaxy Note III’s camera will not have OIS technology even though Samsung initially wanted to launch the device with the feature.

According to the report, Samsung expects to finish developing the new camera module by the end of 2013 and will begin testing it in smartphones next year.