The Samsung Galaxy Alpha, also known as the Galaxy F, will be announced on 4 August and feature a screen smaller than the Galaxy S5, but a premium body made from metal.
It will be the first Android phone by Samsung to feature a metal construction - something which has been demanded by consumers and critics alike for some time.
Related: Samsung Galaxy S5 Review
But the Galaxy Alpha might not be the shining metallic flagship fans are hoping for, as website SamMobile claims the handset will have a 4.8-inch display with a 720p resolution, making it both smaller and less pixel-packed than the S5.
The report claims the Galaxy Alpha will have 32GB of storage - but no microSD card slot to increase this - the same fingerprint scanner as the Galaxy S5, and will fit into Samsung’s product range next to the S5 Mini.
Related: Samsung announces Galaxy S5 Mini
Despite the mid-range specs, the Alpha’s size and metal frame means it could square up to the incoming iPhone 6, which is expected to have a 4.7-inch display and arrive in mid-September.
By announcing it in early August, Samsung can let the Galaxy Alpha have its time in the spotlight before turning attention to the Galaxy Note 4, which is expected to arrive at the IFA trade show in Berlin in early September.