In case you were wondering whether Samsung will launch a new Galaxy Note model this year, you can rest assured that it’s happening. At least, Samsung just confirmed that a high-end smartphone is planned for the second half of the year, and that can only be Galaxy Note 8.

Competition is expected to intensify with newly launched smartphones in the market. The company will aim to improve performance YoY by maximizing sales of the Galaxy S8 and S8+ and successfully launching a new flagship smartphone in the second half. In addition, the company will maintain profitability in the mid- to low-end segment.

Samsung may have not named the Galaxy Note 8 specifically in its press release, but fans already know that a new Galaxy Note arrives each year in August or September.

There are rumors that say a foldable Galaxy X may be unveiled this year, but most reports claim that Samsung will conduct a limited trial run at best to test the market.

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