Android lovers, get ready to open up your wallets for the Galaxy S IV. According to The Verge, Samsung is expected to release designs for its next gen Galaxy smartphone on March 14th. Up until now, designs for the S IV have remained under wraps. It's unclear whether carrier availability will be announced at that time.

The Galaxy S IV is rumored to be equipped with a 1.8GHz 8-core Exynos 5 Octa processor and a 4.99-inch 1080p full HD display. The smartphone is also believed to feature a 13-megapixel rear camera, 2GB of RAM, 4G LTE connectivity, a micro SD slot, wireless charging capabilities and run the latest version of Android. -- BGR

Galaxy S IV sales are expected to skyrockets past 100 million units, which is a far cry from the 20 million sold by the S, 40 million by the S II and the 50 million S III phones sold.