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Samsung Galaxy Note EdgeSamsung.com

Recent reports state that South Korean tech giant Samsung is planning on releasing two new versions of its top-tier Galaxy S smartphone next month.

While dealing with "innovative smartphone screens", most of us can recall the bendable screen concept of the company that never came into the thick of things.

However, Samsung is back in the news with something similar. According to sources, Samsung's Galaxy S' new versions will include a model with a display covering three sides.

As revealed by people with knowledge of the matter, both the phones will have all-metal bodies and will also use Samsung's most-advanced processor chips. The sources currently have an anonymous status since official details on the handsets are yet to be released.

While both the new phones will have 5.1-inch screens, the second model – which is expected to be unveiled at the Mobile World Congress in Spain - will only have a front-facing display, sources added.

More details revealed for the handsets claim that the new Galaxy phones, developed under the "Project Zero" codename, will use metal frames supplied by BYD Electronic International Co. BYD Electronic International is a subsidiary of BYD Co. - the Chinese automaker that's marginally owned by Warren Buffett's Berkshire Hathaway Inc.

However, this isn't the first time Samsung has introduced a multi-sided screen for smartphones. Last year, the company released the Samsung Galaxy Note Edge with a similar screen. The Galaxy Note Edge is a 5.6-inch phone with an extra display that stretches down the right side of the device for users to read messages and news easily.

The report also claims that Samsung has been hit hard by Apple's two new iPhones; and more so after the announcement of Apple's recent quarterly result where the Cupertino giant soared above all rivals. However, Samsung is now "using its skills in displays and chips to recapture its innovation edge" to revive the earnings that have sunk for three straight quarters.

We aren't sure as to how potent the latest details on a new three-sided smartphone screen from Samsung are. But going by the fact that the information comes directly from sources "with knowledge" of the subject, there might still be some truth in them.