SamsungGalaxyNoteEdge
Sprint is about to update the Galaxy Note Edge with the Android 5.1 Lollipop, making it the first U.S. carrier to do so. A Samsung Galaxy smartphone is displayed at the company's headquarters in Seoul, Jan. 7, 2015. Reuters

As consumers around the world get their hands on the new Samsung Galaxy S6 and Galaxy S6 Edge smartphones, a fresh round of rumors has suggested that Samsung will not introduce multiple variants of the “Galaxy Note 5,” the next edition of the company’s flagship Note series of smartphones. There is also speculation about the handset that will succeed the Galaxy Note Edge.

Unlike last year, the South Korean technology giant may limit itself to only one variant of the Galaxy Note 5 in 2015, with the device featuring a 2K or 4K flat-screen Super AMOLED display. The handset is also expected to feature an Exynos 7422 processor, which could combine the CPU, GPU, RAM, storage and the modem on a single chip, SamMobile reported.

An insider also told SamMobile that Samsung is testing some Galaxy Note 5 units with a newly developed Exynos 7430 processor, but the company is currently not planning to release the new chip to consumers as the component is still in the engineering phase.

Some previous reports had said that Samsung might use Ultra HD (UHD) Super AMOLED panels in the Galaxy Note 5. The reports also said that the UHD displays -- with 2160x3840 pixel resolution -- are expected to go into production in August, followed by the device’s launch around this year’s IFA consumer electronics trade show in Berlin in September.

As for the handset, which is expected to succeed the Galaxy Note Edge, rumors have it that the device is currently being developed under the codename “Project Zen.” However, the specifications of the device are not likely to be high-end, SamMobile reported, adding that it could sport a 5.4-inch or 5.5-inch Super AMOLED dual-edge curved display.

Other expected specs include an S Pen, a hexa-core Snapdragon 808 processor, 16GB storage, a 16-megapixel rear camera with optical image stabilization and an 8-megapixel front-facing camera.