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Galaxy S5 due 24 February as Samsung confirms Unpacked event

Samsung's fifth Galaxy S smart phone is all-but-confirmed to be arriving later this month.

Samsung's long-awaited Galaxy S5 smart phone is all-but-confirmed to make its grand debut on 24 February, as the South Korean tech giant has confirmed one of its mobile-centric 'Unpacked' events will take place on that day.

As per rumours, the invite above -- which features several none-too-subtle '5' numbers -- will see Samsung's newest toy unveiled in Barcelona, during Mobile World Congress -- a massive annual smart phone trade show.

Rumours point to a higher-resolution display for the fifth Galaxy S smart phone, as well as 3GB of RAM, a 16-megapixel camera, a beefed-up battery and a 64-bit Exynos processor. An eye-scanner is also tipped to make an appearance.

Another question is what the S5 will look like. Samsung could opt for the same flat, oval look, or treat its new flagship to a curved display, akin to the Galaxy Round.

If the S5 really is revealed on 24 February, it would mark less than a year since the S4 was first shown off (Samsung's current flagship got its first official airing on 13 March 2013).

That could be a sign that Galaxy S4 sales aren't meeting expectations. It's hard to know exactly how well the S4 is selling, but a bit of number-crunching of estimated and rumoured shipments back in October suggested it was selling roughly on par with the Galaxy S3 in 2012, which would indicate plenty of sales, but not much growth for Samsung year-on-year.

Alternatively, it could just mean that Samsung wants a big run-up in its fight against the next iPhone, which will likely be revealed in the autumn.

CNET will be present in force to bring you every scrap of Galaxy S5 news as it happens, so stay tuned folks. What are you hoping to see? Let me know in the comments below.