Will Samsung rush GS5 out the door in January?

A Korean site founded by former Samsung staffers says the next Galaxy smartphone could just be a couple months away and pegs it to a recent slowdown in GS4 sales.

The Galaxy S4 (left) and the Galaxy S3.
The Galaxy S4 (left) and the Galaxy S3. Josh Miller/CNET

The Samsung Galaxy S5 could be just a couple of months away, as a new report suggests that the sequel to the Galaxy S4 will be rushed out following a recent slowdown in sales.

Korean site Naver -- founded by ex-Samsung staffers, incidentally -- reports that the S5 will be revealed in January. Rumors allege that the S5 will pack a 16-megapixel camera with optical image stabilization. It also allegedly will house a Samsung Exynos processor rather than a Qualcomm processor. Fingers are crossed for a powerful eight-core chip, which appears in the S4 but only in selected countries and not in the UK or US.

The timing of the GS5 is only a rumor, however. And because the S4 only went on sale in late April, it's a rumor that should be taken with a pinch of salt. Even if the S4 sales have slowed lately, don't forget that 20 million flew off shelves in the first two months alone.

Read moreof "Samsung Galaxy S5 out in January in S4 slump, report says" at CNET UK.

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