Samsung Galaxy S5 may pack the faster 64-bit processor on its alleged release date in March.

According to Korea news website Daum, the 64-bit processors for the upcoming Samsung Galaxy S5 are already on its final stage of production. The report added that the processor will be added on the future smartphones and tablets of Samsung.

It seems that Samsung is following the lead of tech giant Apple, which recently released its flagship smartphone, iPhone 5S, packed with a 64-bit processor.

Samsung's CEO assured Samsung users and fans that the company is not that far behind in terms of technology since the company will bring a new line of devices to the market next year with this faster processor. Consumers can expect the 64-nit processors on the upcoming Samsung Galaxy S5 and Note 4.

However, current Samsung smartphone are not trailing much behind from iPhone 5S as Samsung Galaxy S4 and Galaxy Note 3 are powered by two quad-core processors to support the functions of the smartphones.

Meanwhile, there is a report saying that the new Android OS will only support 64-bit processors. The rumor came from the recent Intel's Developer Forum event last week that suggested that that Android 4.4. KitKat will only support such processor. This means that we may see 64-bit processor and Android KitKat to the upcoming Samsung Galaxy S5 or a lower end processor paired with the 4.3 version of Jelly Bean OS.

Aside from 64-bit processor, rumors claimed that Samsung Galaxy S5 will feature a larger screen display using Sharp's newest technology of IGZO screens. S5 will also support 4K screen resolution that will enable users to play videos that are beyond Full HD resolution and promising clearer and sharper images.

There were reports that Samsung Galaxy S5 will pack Android 4.4 KitKat that is set to be unveiled in October. However, other news said that Samsung is developing its own OS that will work as Apple's iOS.

Samsung Galaxy S5 release date is expected to happen in March, which marked the first birthday of the current Galaxy S4. Samsung has not release an official comment on the rumors on the upcoming Samsung Galaxy S5.