ReactNative Image Component - Max Image Size

Is there a resolution limit or image file limit in the Image component and what is it? Or is it caused by the outside of the device? I tried to display a 3992x2992, 3.24MB file size image in my application but failed. I tried to compress the file further down to 300KB, but still failed.

<Image style = {{width: 200, height: 100}} source = {require('./res/img/20160731175405-c7bf89df.jpg')}> </Image>

ReactNative: 0.42 Device: Galaxy SII