Samsung is working to release a larger handset, topping out at 6.3-inches and dubbed the Galaxy Mega, according to South Korea publication ETNews. The Mega would easily top Samsung's 5.55-inch Galaxy Note, which has a reputation on the market for its large display.

According to the publication, the 6.3-inch Mega smartphone might be released in June, following the Galaxy S4's take on the market this spring. It is being worked on under "Project Möbius" within the walls of Samsung and will be the company's way of taking on the market with a bevy of devices.

The 6.3-inch Galaxy Mega is said to feature a dual-core Exynos processor, 8-megapixel rear-camera, and 2-megapixel front-camera -- pretty mid-range if you ask us.

However, Samsung may not be stopping with the 6.3-inch version. According to SamMobile, Samsung is also working on a 5.8-inch Galaxy Mega with the codename GT-I9152 that will be a little better on the specs side, as previously reported.

It is said to feature a 5.8-inch qHD (960×540) TFT display, 8-megapixel rear-camera, 2-megapixel front-camera, dual-core 1.4 GHz processor, 1.5GB of RAM, Bluetooth 4.0, Wi-Fi 80211 a/b/g/n, A-GPS, 2600 mAh battery, and dimensions of 164×83.8×9.7mm. As for software, it will run Android 4.1.2 / 4.2.2 Jelly Bean, and of course, Samsung's custom TouchWiz UX.

Multiple devices flooding the market by Samsung in one time period is nothing new. The company likes to make a slew of devices available in several markets to give customers plenty of choice. Given Samsung's lead on the mobile handset market, it might be paying off.

What do you think of the "phablet" movement?