While Samsung has kept tight lid over the potential of new smartphone arrivals this year, the upcoming Galaxy Note 3 is easily one of the sought after smartphone of 2013. Now there’s more to follow up on that.

Per reports, a new set of rumors have currently started making rounds on the web state that the upcoming Galaxy Note 3 from Samsung could be released at this year’s MWC (Mobile World Congress).

The MWC 2013 is set to take place in the Spanish city of Barcelona from February 24 to 28, and Samsung, which is currently riding high on the success of the new Galaxy Note 2, could easily cash in on the popularity of both the device and the event, and make an official announcement regarding the Galaxy Note 3.

Although initial reports pointed towards the possibility of the Samsung Galaxy Note 3 being released sometime in the later part of the year, new Samsung-related rumors say that the company is planning to release the device earlier, probably around the time when the upcoming iPhone 6 from Apple will also be released.

However, as it just a rumor at the moment, there is also a big possibility that the Galaxy Note 3 might not show up at the MWC, and if that happens, there is a huge probability that the phablet will make an appearance at the IFA event next in line. This could also turn out fruitful for Samsung as this will give the device a one-year cycle in which to maximize its profits. However, Samsung is set to release the Samsung Galaxy S4 first.

As of now, there is not much known about the upcoming Galaxy note 3, but it was earlier reported that the device could make an appearance with the powerful Exynos 5 Octa – the newest system-on-chip processor announced by Samsung for high-end smartphones and tablets.

It was also reported via a previous Korea Times report that Samsung is working on a 6.3-inch OLED screen for the Galaxy Note 3.

"The world's biggest technology company has been developing the Galaxy Note III with a 6.3-inch screen using an OLED display, according to officials from a local parts suppliers, while the company will start the first commercial sale of 55-inch OLED TVs from late next year," the Korea Times report stated.