Since 2011, Samsung has unveiled new models in the Galaxy Note series at the IFA, which is conducted in the month of September. This year, however, the South Korean manufacturer may consider launching the Galaxy Note 5 sometime in mid-August to avoid going up against the iPhone, which is also announced at roughly the same time.

That's according to The Wall Street Journal, citing the proverbial sources in the know. Apple announced the 5.5-inch iPhone 6 Plus six days after the unveil of the Galaxy Note 4 at IFA, with the publication noting that Samsung would want to avoid a similar situation this time around.

An accelerated launch cycle gives Samsung the time to build hype for the device. Even though the Galaxy S6 and the Galaxy S6 edge were considered a success, Samsung is projecting a less than stellar quarter, with profits declining from the same time a year ago. As such, the manufacturer needs the Note 5 to succeed for it to turn things around in the latter half of 2015.

As for the device itself, the latest round of rumors suggest that the upcoming Note 5 will feature a flat display, with no curved screen model in the Note series planned for this year. The vendor is said to be working on a Galaxy S6 edge Plus with a dual-curve 5.7-inch display, with both devices set to be unveiled at the same time.

Source: The Wall Street Journal