The Samsung Galaxy S4 specs will include a quad-core Exynos 5450 chipset that clocks in at 2.0GHz, according to reports.
This chip is said to be made on a 28nm process and its CPU might be downclocked to at least 1.7GHz, according to YouMobile.org.
A similar chipset is found in Samsung's next Nexus 10 tablet, which is powered by the Exynos 5250 that features two Cortex-A15 cores at 1.7GHz and Mali-604GPU.
No other information on the Galaxy S4 is available at this time. However, the smartphone should be released sometime during 2013.
Samsung unveiled the Nexus 10 earlier this week .
The Korean electronics giant exceeded many market analysts' expectations for the third quarter of 2012, reporting earnings of $7.4 billion.
This makes the company the world's top technology firm, which is due to the strong sales of Samsung's Galaxy range of smartphones, including the Galaxy Note 2 and Galaxy S3.
The company also reported that its earnings from July to September have doubled from what they were last year, showing significant growth in a short period of time.
Samsung reported its results hours after Apple Inc. Samsung did not confirm the amount of smartphones that were shipped during the quarter; however, it is estimated to be around 58 million. Apple reportedly shipped around 26.9 million. Apple's numbers reflect the release of the long-awaited iPhone 5.
Samsung's greatest player in the midst of its Q3 earnings has to be the Galaxy S3, which is estimated to have shipped 18-20 million units in that quarter alone. The device launched back in May of this year and has been Samsung's most successful smartphone to date, selling twice as fast as its predecessor, the Galaxy S2.