Samsung’s Galaxy S4 helped the company post its most profitable quarter ever, and it certainly hopes next year’s flagship Galaxy S5 will continue the trend. We have seen a few rumors here and there regarding Samsung’s hero phone for 2014, but now the first report from a reliable source containing Galaxy S5 details has emerged. According to South Korea’s Electronic Times News, the upcoming Galaxy S5 will feature a brand new 16-megapixel camera module that is currently in development. Details are scarce for the time being, though the report notes that Samsung’s new Galaxy S5 camera will feature optical image stabilization (OIS).“At first Samsung Electronics wanted to adopt the OIS function for Galaxy Note 3, but the schedule was put off due to problems with parts supply,” the report noted. “The OIS function is implemented in the auto focus (AF) actuator, but the supply of the OIS AF actuator is not smooth yet. Korea’s Hysonic and Jahwa Electronics and Japan’s Mitsumi are the only companies which successfully developed the OIS AF actuator. However, the OIS AF production capacity of Korean companies will be greatly increased early next year. “According to the report, Samsung expects to finish developing the new camera module by the end of 2013 and it will begin testing it in devices early next year. Samsung’s Galaxy S5 is expected to debut in 2014 around the same time the Galaxy S4 was released this past year, and hopefully Samsung will dial back its “jack of all trades” approach and begin to focus on more refined hardware and high-quality services that tie users in for years to come.