Galaxy Note 3 Release Date to Fall in July or August

The Galaxy Note 3 release date will fall sometime in between July and August.

The next-generation version of the smartphone tablet hybrid will be launched by Samsung a bit earlier in order to compete with Apple's upcoming iPhone models, according to a report from DigiTimes.

The site does not provide any more details on the phablet's release. DigiTimes does not have the best track record with rumors so this report should be taken as speculation only.

The publication did state that Apple plans to launch two iPhone models in the third quarter of 2013 that include a revised version of the iPhone 5 and a low-cost iPhone model. The cheaper model will be comparable to the iPhone 4S with a lower specification display and processor.

The Galaxy Note 3 is expected feature some impressive specs, including a camera that has optical image stabilization technology.

This feature will help improve pictures and videos that are taken with the phone's main camera, according to a report from etNews.

Optical Image Stabilization comes with cameras now available on the market. The technology reduces blurs found in an image when the photographer moves too much during a shoot. It does the same with videos.

The device was also recently spotted on an AnTuTu Benchmark chart and based on the model number, which is GT-N7200. It is believed to be the sequel to the Galaxy Note 2, which has a model number is GT-N7100.

The Galaxy Note 3 actually scored lower than the Galaxy S4 in this Benchmark. The Galaxy Note line normally features overclocked chipsets in comparison to the Galaxy S line. The finished Galaxy Note 3 should be clocked about 1.6GHz in terms of processing power.

A previous report points to the new phablet is coming with an 8-core Mali 450 GPU, which will work well for graphic-intensive activities such as mobile gaming. The device will also pack Samsung's Exynos 5 Octa processor, making it even more powerful. Other rumored specs include 3GB RAM, a 6-inch full HD display, and a 13-megapixel camera.