Samsung has currently been in the spotlight with the launch of its Samsung Galaxy Note 5 and the Samsung Galaxy S6 Edge Plus. And now comes the news of the Korean tech-company working on the Samsung Galaxy S7.

It is speculated that the new offering would be a foldable phone, however, there is no confirmations on the design yet.

Codenamed ‘Jungfrau,’ the S7 may come powered by the Qualcomm Snapdragon 820. Samsung may also be leaning towards using its own Exynos chipsets to power the device, according to Master Herald.

The tech giant’s flagship smartphone may boast of the world’s first holographic display, Christian Post noted. The site points towards a published Samsung patent application which depicts a mobile phone projecting images over its screen.

The projected images look much like the icons on the phone that could be activated with a touch. This indicates that the phone’s projector will be employing the camera to detect interaction with the holographs.

The smartphone apparently will also be boasting of a 5.5-inch Super AMOLED display with 4K resolution. It will be housing the latest Qualcomm Snapdragon 820 SoC with 4GB of RAM. Aside from these high-end specs, the phone is also expected to feature a 10MP front facing camera and a 30MP one on its back.

The Galaxy S7 variants include 32GB, 64GB, and 128GB, wherein the 32GB is expected to carry a price tag of around $999.

According to reports, the much-awaited Samsung Galaxy S7 should be ready to hit markets by the year-end. Apparently, Samsung has indulged in using the industry-wide methodology called “Agile,” ensuring that the development process of the smarphones is faster.

The smartphone is being tested with the Snapdragon 820 and Exynos chipsets, using the latest Android Marshmallow.

As per Master Herald, the company may not launch its flagship even though it may be ready by the year-end, since the Note 5 and the S6 Edge Plus are now making an appearance in the markets.