The Galaxy Note 7 to be unveiled in August will have upgraded software and "significantly improved" note features, Samsung mobile boss DJ Koh has said.
The South Korean tech giant sent out invites for its Unpacked event on August 2, which will unveil the Note7 and be hosted by Koh himself in New York.
"We significantly improved the Note features on the Galaxy Note and, for ease of use, upgraded the software," Koh told reporters in Seoul.
Samsung posted strong profits in the second quarter of the year -- its highest in two years -- thanks to strong sales of the Galaxy S7 and S7 Edge.
However, Apple is expected to unveil its new iPhone in the third quarter to directly compete with the Note 7. The Note itself sells far less than its smaller cousins the Galaxy S series, and difficulty remains for Samsung to retain strong sales continuously.
The mobile chief said the smartphone market is in a bad situation but the third quarter results won't be so bad. "We don't cling to numbers," he said.
Galaxy Club, Samsung's phone exchange program, will also be applied to the Note 7, Koh said.
A successor to the Gear VR will be launched soon, he added, though without elaborating.
The Note 7 is rumoured to have a iris-scanner and a dual-edged display.