A man uses Samsung Electronics' new Samsung Galaxy SIII smartphone during its launch at The Earls Court Exhibition Centre in London
A man uses Samsung Electronics' new Samsung Galaxy SIII smartphone during its launch at The Earls Court Exhibition Centre in LondonReuters

World's leading smartphone maker Samsung has reportedly set the date and venue for the launch of its much-awaited Galaxy S4 smartphone.

Samsung community website SamMobile claimed that New York City will host the launch event of the next generation Galaxy S4.

Without revealing much, Eldar Murtazin, Editor-in-Chief of Russian popular website Mobile-Review.com tweeted, "Save the date for a big announcement- March 14 ", referring to the Samsung launch event.

During the past few months the internet has been buzzing with speculations about Galaxy S4's specs and launch details. The hype surrounding the device has turned even more overwhelming after Samsung dethroned its rival Apple as the number one smartphone maker last year, thanks to the 30 million sales record Galaxy S3 had hit within five months of its release.

Speculated Features of Samsung's Next-Generation Smartphone Galaxy S4 include:

Model NumberGT-19500 Samsung Galaxy S4(Code-named 'Altius (J)')
Display 4.99-inch Super AMOLED Screen (bendable screen)with Full HD Resolution Display
OS Android v4.2.2 OS (Jelly Bean)
Processor Exynos 5 Octa (8-core) processor
Graphics processor Mali-T658 (8-core) GPU
Internal memory 2G RAM
Camera Rear side: 13.0-megapixel, withFull HD video recording at 30 fps.

Front side: 2.0-megapixel, 720p HD video recording.

Battery 2,600 mAh

Samsung is expected to send invitations for the Galaxy S4 launch event soon after the international mobile convention MWC (Mobile World Congress) 2013 in Barcelona comes to a close on 28 February.

Galaxy S4 is expected to initially hit stores in Asia and Europe around the end of April. Other markets such as the US, Australia, and Africa are expected to receive shipments around May or June.