In a world where smaller is better, Samsung's new over-sized smartphone blurs the lines between phone and tablet further.

Releasing the new Galaxy Mega to the world, the new pair of smartphones will be available in 5.8-inch and 6.3-inch varieties, potentially creating a newly styled 'phablet.'

Oh, a mixture between a phone and a tablet guys.

The South Korean company says the newest addition to the Galaxy family, following the recent S4 launch, offers a mix of smartphone and tablet features including a split screen, multitasking between video and other apps and more.

“We are aware of a great potential in the bigger screen for extensive viewing multimedia, web browsing, and more,” says JK Shin, CEO and Head of IT & Mobile Business, Samsung Electronics.

“We are excited to provide another choice to meet our consumers’ varying lifestyles, all while maintaining the high-quality features of the award-winning Galaxy series.”

Best of both worlds?

Samsung says the product an "ideal choice for customers who want to get the most out of one device that brings great quality at an even greater value."

But do customers want an all-in-one product anyways? Check out the phone features below to make your mind up:

• ‘Group Play’: Enables easy content sharing for up to 8 devices on the same Wi-Fi network.

• ‘Samsung WatchON’: Transforms into an IR remote controller for a richer TV experience. Connect the device to your home entertainment system, and it will provide program recommendations, schedules, and even remotely control your TV.

• ‘Samsung Link’: Easily streams photos, videos, notes, or music to your television, tablet or computer.

• ‘S Translator’: Say or text what you need translated into the Galaxy Mega, and it will provide instant translation, using text or voice translation on applications including email, and ChatON.

• ‘ChatON’: Share what’s on your screen with friends to stay more connected.

The product will available globally from the beginning May, with a release in Europe and Russia expected first. So far, the company has been quiet on pricing.

Is blurring the lines between a smartphone and tablet the way forward? Tell us your thoughts below