A new report indicates that Samsung is planning to launch Galaxy Note 8 in August 2017. The report suggests that the launch event will take place in New York City.

According to Reuters, tech giant Samsung will release the new Samsung Galaxy Note 8 that must have a curved screen and two rear cameras. The tech company is ready to continue its Note series even after the debacle of the Galaxy Note 7 in 2016. The company suffered a lot due to the fire-prone batteries of the Galaxy Note 7.

Samsung experienced a huge loss due to this incident, even hurting the company's credibility. The tech company revealed in January that separate battery problems from the two suppliers caused the fires. But, after the incident, Samsung availed a series of safety checks to prevent such incidents. According to analysts, it helps the tech giant to win back the trust of the consumers.

The initial response for the newly launched Samsung smartphone Galaxy S8 indicates that the company is recovering rapidly. Some analysts also opine that the company may acquire its best-ever profit for the period April to June. The important fact is no battery fire issues for the new Galaxy S8 reported.

The 9To5 Google reported some important investor notes from the KGI Securities analyst Ming-Chi Kuo about the Galaxy Note 8. Kuo predicts that the upcoming Galaxy Note must be the first dual-camera handset of Samsung. He points out that the dual camera will support the 3x optical zoom, 13MP telephoto CIS and the 12MP wide-angle CIS.

Kuo also states that the dual camera of the Galaxy Note 8 will perform better compared to the camera of the Apple's iPhone 7 Plus. The interesting fact is KGI previously suggested that the Galaxy S8 would not sell well. But, Kuo has currently changed his view after the premium flagship handset of Samsung received a better response from the consumers. The analyst has now offered the optimistic predictions for the upcoming Galaxy Note 8.