Galaxy Note 7 production is set to kick off in July, says ETNews (South Korea). Samsung is reportedly going to have five million units ready by the phone's release in August. Considering Samsung only had 5 million units made for the first quarter of the Galaxy Note 5's sales, the company may be expecting greater sales with this phone.

The Note 7 reportedly comes with a dual-edge display, an iris scanner, and a 5.8-inch screen. It may be unveiled on August 2.

Despite the existing Note being the "Note 5," it's been widely reported Samsung will jump right to the "Note 7" with the upcoming phone.