Samsung logo
Samsung has apparently added 16 new banks and credit unions under the ambit of Samsung Pay. Reuters/Beawiharta

The Samsung Galaxy Note 5 launch date has been heavily rumored to be September 2015 for quite some time. However, a report from the Wall Street Journal suggests Samsung will unveil its phablet in mid-August to avoid clashing with the launch of the iPhone 6S and iPhone 6S Plus in September.

According to the Wall Street Journal, for years, Samsung has used the September IFA tech trade show in Berlin to launch Galaxy Note series phablets. However, in this year, Apple is expected to announce its new iPhones in the middle of September and release them by the end of the month. By setting the Galaxy Note 5 release date in August, Samsung hopes the phablet will receive all the attention from the media.

Last year, the South Korean tech giant had done something similar for the launch of the Galaxy Alpha. When the midrange metal chassis-sporting smartphone was released in mid-August, when no other major smartphones were announced, it was able to gain a lot of attention from the media and tech enthusiasts.

Meanwhile, Apple has placed the largest ever production order with its suppliers for its next-generation iPhones, the Telegraph reported. The Cupertino, California-based firm has order 85 million to 90 million handsets, both 4.7-inch and 5.5-inch displays.

In the previous year, Apple had ordered 70 million to 80 million units of the iPhone 6 and the iPhone 6S Plus. Another Wall Street Journal report says the next iPhones will be able to distinguish between lighter and harder taps through Force Touch technology embedded display.

Even though the rumor mill is revealing a lot about Galaxy Note 5 specifications and features, Samsung has not confirmed any information of it.

The South Korean tech giant is aiming to recover from the losses it suffered in 2014. Even though Samsung’s earning are gaining momentum at present, the $6 billion profit that it made in the second quarter did not meet market expectations. Moreover, it underestimated demand for the curved-screen Galaxy S6 Edge and fell short of supply.