As part of the press release used to announce the financial results for the first quarter of 2017, Samsung Electronics has all but confirmed that the next iteration of its flagship phablet Galaxy Note series, Galaxy Note8, will be launched during the second-half of this year.

According to the official press release posted online, Samsung recorded revenues of $43.4 billion during Q1 2017, and $8.69 billion in operating profit during the same period. Mentioned in the press release were the facts that profits during the period were increased as a result of increase in component business, mainly display and semi-conductor chips, but the sales for flagship products had declined.

But it was in the latter part of the press release, among predictions and plans for the rest of the year, that Samsung mentioned how it wants to go about its business in 2017: maintaining profitability through the latest Galaxy S flagship handset, S8 and S8+, and the launch of a new flagship in the second-half of the year.

As everyone knows by now, the previous handset in the Galaxy Note series, Note7, suffered from the ignominy of multiple worldwide recalls and more than $5 billion in damages, as it was found to be exploding involuntarily especially during charging. It was found during investigation of the whole affair that the battery housing simply didn’t have enough room to deal with the warmth of it, which resulted in the handset engulfing in flames.

It was speculated that Samsung might look to retire the “Note” branding in order to prevent customers recalling the debacle of Note7, and some even claimed that there was a possibility there might never be another Galaxy Note device. But, as is apparent from official Samsung words, Galaxy Note8 is set to be launched later this year presumably during the same August-September period.

Some of the rumored features coming to Note8 are a bezel-less display, dual-lens rear camera setup that is missing from S8 and S8+, and the return of the iris scanner feature that was introduced with Note7 last year.