Samsung may be working on Galaxy S5 'Neo'

Rumors suggest that Samsung is working on Galaxy S5 'Neo', a lighter and mid-ranged version of Galaxy S5.

According to CNET, the Neo version could sport Android 4.3, with a 5.1-inch 720p display and a 2.3GHz processor.

It could be a "Neo" version of the model, similar to Samsung's treatment with the Samsung Galaxy Note 3 Neo, the report added.

However, there is no concrete information on the credibility of the rumor.