Guys, the next generation Galaxy Note 2 is set to unveil come this late August which most likely gonna have a 5.5-inch display slightly larger than the existing one with faster processor and a much better camera. Samsung’s unveiling of the new device comes before the expected release of Apple’s new iPhone in Sept. 12.

Looking back at the specs of the first-generation Galaxy Note, it features a 1.5 GHz dual core Qualcomm S3 processor, a 1-GB of Ram and 16 GB of built-in storage. It has a Super Amoled display with 1280 x 800 pixels.  The device has two cameras, an 8-megapixel in the back and a 2-megapixel front camera. It comes with a MicroSD slot and a 2100 mAh battery.

The Samsung Galaxy Note 2 is rumored to use the 1.6GHz quad-core Exynos 4412 processor with 1.5GB RAM and ship with 4G LTE connectivity.

Well, it’s obvious that the Galaxy Note’s large screen goes with the increasing trend of smartphone screen sizes ranging from 3.5-in. to 4.8-in.  The current iPhone has a 3.5-in. screen while the fifth generation iPhone which is expected to be launched in Sept. 12 will have a 4-in. screen.

So, you guys stay tuned for updates on the release of this new device from Samsung.