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Nokia Lumia-branded phablet could be on the way later this year, according to industry insiders, in a move that would see the recovering handset-maker become the latest company to join the super-sized smartphone club.

Sources cited by the Financial Times claim that everyone’s favourite fallen Finns will debut a five or six-inch smartphone-tablet hybrid later this year to take on the likes of Samsung’s Galaxy Note.

However, according to the leakers, the phone will outmuscle Samsung’s device, which pretty much singlehandedly created the market for phablets out of in thin air, in the specs department.

The report also revives long-standing rumours that a Windows Phone-powered Lumia handset equipped with Nokia’s high-end 41 megapixel PureView camera will be along later this year.

The sole handset currently packing said snapper debuted last year and was hugely hobbled by the superannuated Symbian operating system it ran on.

News of Nokia’s gadget timeline for 2013 comes amid signs that it is finally turning its previously ailing business around. Latest figures show Lumia sales rose to 5.6 million during the first quarter, helping to narrow the company’s losses to £290 million.