Just a few months after the iPhone 5S and 5C debut, there’s been a flood of rumors about Apple Inc. (NASDAQ:AAPL)’s next smartphone — the iPhone 6. Apple is likely feeling some pressure, as archrival Samsung Electronics Co., Ltd. (KRX:005930) isn’t far behind. After the stupendous success of Galaxy Note 3, the Korean company is reportedly gearing up to launch Galaxy S5. Both devices are expected to feature breakthrough technologies and enhanced features such as a curved display.

iPhone 6 Galaxy S5

Apple iPhone 6

The iPhone 6 is expected to be launched in the fourth quarter of 2014. Apple Inc. (NASDAQ:AAPL) is likely to expand the screen of its next smartphone to show off its retina display technology. There have been reports that the iPhone 6 will sport a screen between 4.8 and 5.7 inches. Piper Jaffray analyst Gene Munster has gone on record as saying that the next iPhone will feature a bigger screen.

Apple Inc. (NASDAQ:AAPL) doesn’t want to be left behind in the race toward curved displays. Samsung Electronics Co., Ltd. (KRX:005930) launched galaxy Round with curved display in South Korea to test consumer reaction. LG Electronics has also unveiled its Flex smartphone with a curved display.

The next iPhone s also likely to come with 3D gesture controls. Recently, the Cupertino-based company acquired PrimeSense, the company that helped Microsoft develop Kinect technology for Xbox One. Apple Inc. (NASDAQ:AAPL) can use PrimeSense’s technology to add eye-tracking features to its smartphone that will let people use the device without touch, according to The News Tribe.

PrimeSense can also help Apple Inc. (NASDAQ:AAPL) offer a plenoptic camera with iPhone 6. This feature allows you to adjust the focal point even after the image has been taken. The A8 octa-core processor could be the new highlight of iPhone 6. The current A7 quad core 64-bit processor received rave reviews. Experts expect Apple Inc. (NASDAQ:AAPL) to improve the processor. The iPhone 6 is also likely to sport an improved TouchID sensor and Siri.

More importantly, the Cupertino-based tech giant is reportedly going to introduce a wireless charger that can charge multiple devices simultaneously with its next smartphone. The iPhone 6 is likely to have a 13MP 3D rear camera and 3.2MP HD front camera.

Samsung Galaxy S5

Galaxy S5 is rumored for release in the first quarter of the next year. Media reports suggest that the device will have a 62-bit Exynos 6 processor. There have been reports that Samsung Electronics Co., Ltd. (KRX:005930) is working to enhance its processor to keep up with Apple Inc. (NASDAQ:AAPL)’s A7 chipset. There have also been reports that the Korean company may feature a TouchID sensor similar to the iPhone 5S. Samsung may also ditch the plastic body, and bring Galaxy S5 with an aluminum unibody case.

Other reported features include a 2560×1440 panel, curved display, 20 megapixel camera and the latest Android 4.4 KitKat operating system. Samsung Galaxy S5 may sport a 64-bit processor, which Apple Inc. (NASDAQ:AAPL) has already been using in the iPhone 5. The success of Galaxy S4 indicates that the S5 will be worth a look.

Apple Inc. (NASDAQ:AAPL) shares are up 0.38% in pre-market trading to $562.16.