Samsung is expected to launch the Galaxy Note 4 sooner than expected to counter Apple’s upcoming iPhone 6. Samsung

Samsung Electronics Co Ltd (KRX:005935) is working hard to beat Apple Inc. (NASDAQ:AAPL) to the post by unveiling its upcoming Galaxy Note 4 on Sept. 3, two days before the IFA trade show kicks off in Berlin on Sept. 5, according to a report.

The South Korean technology giant has traditionally launched its Note series of smartphones at or around the IFA event, and the 2014 version of the device will not be an exception, if the latest report turns out to be accurate. According to the report from the Korea Times, Samsung wants to release the Galaxy Note 4 before Apple can launch its next-generation iPhone 6, which is also expected to be released sometime in September.

Samsung is also rumored to be working on an official invitation for media and other members of the industry for the Galaxy Note 4 release event.

“Samsung will hold an event to announce the Note 4 on Sept. 3, just few days before this year's IFA trade fair in Berlin, Germany -- Europe's biggest technology exhibition,” an executive at one of Samsung's top-tier suppliers told Korea Times.

Reports surfaced in June claiming that Samsung would 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.

According to SamMobile, launching the Galaxy Note 4 earlier than expected will help Samsung make up for a fall in profits in the second quarter of this year.

The Korea Times report also said that the Galaxy Note 4 will have enhanced hardware specifications to retain current users of Galaxy-branded smartphones as well as to attract new customers.

The new handset is expected to sport a 5.7-inch flat OLED screen and metal frame, while Samsung is also rumored to showcase a curved OLED version of the Note 4 at the IFA. However, the curved Galaxy Note 4 is not expected to be released to the market soon.

“The Note 4 will be the first smartphone to incorporate an ultraviolet sensor. The sensor can measure UV radiation and offer index levels to Note 4 users inside the 'S Health' application,” an executive at one of Samsung’s software partners based in Korea told the Korea Times.

Rumors are rife that the Galaxy Note 4 will be powered by an Exynos 5433/Snapdragon 805 processor, 3GB RAM, a 16-megapixel camera with a Sony IMX240 sensor and optical image stabilization, an ultraviolet sensor and Android 4.4.3 KitKat.