Nokia, the firm that once dominated the smartphone market, is now hoping to get back into the game by plunging into the tablet market in direct competition to Samsung’s upcoming Galaxy Note 3. If we see more phablets coming up, Nokia is where most of the action will be. The Finland-based company recently launched new models of interesting smartphones. The intent was clear, to keep its head on the same level as rival Samsung.

However, certain reports indicate that Nokia won’t be launching the Nokia Lumia 6-inch Windows 8-powered phablet anytime before 2014. Samsung Galaxy Note 3 is scheduled to come out some time in between July and October this year, meaning that Nokia has a chance to be a competitor to Samsung as the former plans to launch its tab few months after the latter’ release.

We also hear that Nokia Lumia phablet will cost approximately in between $630 to $770. Recently, there were speculations that Nokia was the on the lookout for suppliers to create smartphones with a bigger screen.

Interestingly, it is believed that Nokia Lumia phablet will be launched with full HD resolutions, which makes it more feasible to be an alternative to Samsung Galaxy Note 3 that’s thought to come out with 1080p 5.9-inch Super AMOLED display.

Also the GDR3 update for the Windows phones will support quad-core processors, which means Nokia Lumia phablet will come with either a Snapdragon 600 or Snapdragon 800 CPU. This qualifies the Nokia phablet to be a direct competitor to the Exynos 5 Octa-powdered Samsung Galaxy Note 3.

Does the idea of a Nokia Lumia phablet tempt you? What do you think? Share your comments with us.