Nokia is reportedly readying its next Windows Phone with a larger screen called the Lumia 1320, codenamed "Batman", due for release later this year.

It seems when rumors circulate about impending launches then rest assured a new device is in the offing. Same is the case with Nokia, which was tight lipped about a new line up of Lumia smartphones. But  its seems the Finnish maker may reveal its plans at an event scheduled to be held at Nokia World, Abu Dhabi, October 22.

The latest leak suggests that Nokia is supposedly working on a 4.7-inch entry level Lumia 1320 aka Batman. The new device is the next in the lineup to the existing 4.7-inch Lumia 625. It is reported that the Batman phone will be priced slightly higher than the Lumia 625 but the features are more or less the same, according to the Verge.

Sources familiar with Nokia's plans told the Verge that the Batman phone will sport a 5 megapixel camera, like the Lumia 625, and a front facing VGA camera. In addition, the Nokia Camera app will also make its way to the rumored Windows Phone.

The rumors got support after a popular mobile tipster @evleaks revealed that the Batman phone is nothing but the Lumia 1320!

Nokia Batman = Lumia 1320

- @evleaks (@evleaks) October 8, 2013

The Batman phone is expected to arrive sometime later this year, but other devices are expected to be unveiled sooner.  The 6-inch Lumia 1520 and 10.1-inch Lumia 2520 Windows RT tablet, codenamed Sirius are likely to be showcased later this month.

So until we have some official confirmation from the manufacturer, we  will continue to rely on the sources confirming the new device lineup.