Samsung is reportedly gearing up for a formidable August launch of its Galaxy Note 7 device.
According to Korean news site ETNews, Samsung has already ordered parts to start manufacturing the new Galaxy Note 7 next month. Citing anonymous sources, ETNews said the company is planning to produce 2.5 million devices each in July and August, for a total of 5 million phones.
The figure hints that Samsung is expecting increased sales of the new Note device, given that the company last year produced 5 million units for the entire quarter.
Part of that boost could come courtesy of residual glow from strong sales of Samsung’s flagship Galaxy S7.
Following its early launch in March, the S7 helped propel Samsung to better than expected first quarter profits and sales. The device cracked the top five best-selling smartphones in the United states for the quarter, and could go on to hit number one in the second quarter, Kantar Worldpanel ComTech said.
Additionally, International Data Corporation (IDC) has forecast phablets like the Galaxy Note 7 will see double digit growth over the next several years despite an overall slowdown in the smartphone market.
ETNews said the Note 7 will come equipped with a dual curved-edge OLED display, bringing it in line with Samsung’s Galaxy S6 Edge and S7 Edge smartphones. Reports from GSMArena have also indicated the device will come with a 5.8-inch screen, 12 mp camera, 63 GB or 128 GB of storage and possibly an iris scanner.
A recent report from Sammobile said the device could be released as early as August 2.