Adding to rumors that Samsung Electronics Co. Ltd. (KRX:005930) could launch the Galaxy Note 4, the next-generation version of its Note series of handsets, in the third quarter of this year, a new report surfaced Wednesday claiming that the new smartphone could be released in or after the second week of September.

Samsung, which is expected to announce its second-quarter earnings for 2014 as soon as next week, is likely to begin mass production of the Galaxy Note 4 in July and could release the device worldwide “immediately” after an announcement at this year’s IFA in Berlin, which is scheduled between Sept. 5 and Sept. 10, G 4 Games, a technology news website, reported citing South Korean media.

Samsung released the Galaxy Note 3, the current version of the device, at the end of last September. However, if the latest report proves accurate, the Galaxy Note 4 could see daylight earlier in the month this year, SamMobile reported, adding that launching the Note 4 sooner than expected could be Samsung’s move to counter Apple Inc.’s (NASDAQ:AAPL) upcoming iPhone 6, which is widely rumored to be released sometime in mid-September.

While the iPhone 6 is expected to come in two models, featuring 4.7-inch and 5.5-inch screens, the Galaxy Note 4 is also likely to be available in two versions, one powered by a Qualcomm Snapdragon 805 processor and the other featuring a more powerful Exynos 5433 chip, which is expected to outperform the former.

In addition, the Galaxy Note 4 is also expected to feature a QHD 5.7-inch display with a resolution of 2560x1440 pixels. The device is rumored to have a flat form factor and other key features, including 3GB RAM, a 16-megapixel camera with a Sony IMX240 sensor, optical image stabilization, a 3.6 megapixel front-facing camera, a UV sensor, 3GB RAM, 32GB of internal storage capacity and Android 4.4.3 KitKat.