Updates are also expected to be on the RAM provisions. Even though there is no official confirmation, sources suggest that the device will be supported with Exynos chip CPU for better functioning. Yet, some other sources indicate the device to use Snapdragon of Qualcomm, which is expected to be released anytime soon. The device, which is expected to be out in the market by October 2015 may also feature the latest version of Android that Google is planning to unleash anytime in the second half of the year. It is speculated that Galaxy Note 5 release may be used to introduce the replacement of Android 5.x Lollipop. Though there is already much hype regarding the specs and features of the phones, the makers are tight-lipped about the details. Read More: Samsung Galaxy Note 2, Note 3, Note 4 And Note Edge Receive Android 5.0 Lollipop Update iPhone 7: How It Needs To Up The Ante In Comparison To Samsung Galaxy S6, Note 5