Samsung Galaxy Note 3
Samsung Galaxy Note 3Screenshot/Samsung official

Samsung Electronics is all set to release its upcoming next-generation device dubbed as Galaxy Note 4 next month but smartphones like Nexus 6 and Xiaomi M4 may affect its business besides the 5.5-inch model of iPhone 6.

The South Korean electronics giant has announced that it will host Unpacked event in Berlin, Beijing and New York City simultaneously on 3 September. Reports suggested the device might be released on 15 September, almost two weeks after the unveiling event.

Galaxy Note 4's biggest threat is Apple's iPhone 6, which is expected to be unveiled in September, but it can't underestimate cheaper devices like Nexus 6 and Xiaomi M4. In fact, these smartphones have the potential to eat up the revenue of the much-awaited phablet because of low price and promising features.

TechTimes has claimed that the device may come with a price tag of $813, which is more than double the price of Nexus 6 and Xiaomi M4. The price of Nexus 6 is expected not to be very different from its predecessor, which costs $349 for 16GB and $399 for 32GB. Xiaomi Mi4 costs ¥1,999RMB ($322 approximately) for 16GB model, and ¥2,499 RMB ($400 approximately) for 32GB model.

According to Indonesian retailer, Erafone's revelation obtained by Droid Life, Galaxy Note 4 may come with 16/32/64GB internal memory and 4GB RAM, which is superior Nexus 6 and Xiaomi M4. It was earlier reported that Samsung's new phablet might come packed with only 3GB RAM, which is seen in Galaxy Note 3.

It's not very fair to compare Galaxy Note 4 with Nexus 6 and Xiaomi Mi4, as they belong to different category of device and price difference is huge but one can't rule out the potential of these mid-ranged smartphones to affect the business of the phablet considering popularity in emerging markets.

Check out specification comparison of Galaxy Note 4, Nexus 6 and Xiaomi Mi4:

Models Galaxy Note 4 Nexus 6 Xiaomi Mi4
Display 5.7-inch flat OLED and curved OLED screen, super Amoled display with 2560x1440 resolution (500+ppi) 5.2-inch full HD screen protected by Corning Gorilla Glass and have 1080x1920 pixels resolution 5.0-inch full HD screen with 1920x1080p (441 ppi) resolution and Sharp / JDI OGS (One Glass Solution) full lamination
Processor Qualcomm Snapdragon 805 and Exynos 5433 8 Core Quad-core MT6732 64-bit chip that clocked at 1.5GHz, or the octa-core MT6752 SoC running at a frequency of 2.0GHz 2.5GHz Qualcomm Snapdragon 801 series quad-core CPU
OS Android 4.4.3 KitKat Android L Android v4.4 KitKat with MIUI
Camera 16MP camera or a 12MP with an optical image stabilization (OIS) 20MP camera with HDR mode or 13MP main camera and a 5MP front snapper 13.0-megapixel Sony IMX214 camera with 6 element lens, f1.8 aperture, real-time HDR, 4K video recording; 8.0-megapixel Sony (IMX219) front camera
Memory 16/32/64GB internal memory and 4GB RAM 32 GB internal memory and 3GB RAM 16/64GB internal memory and 3GB RAM
Battery Not known yet 3100 mAh Li-Polymer battery 3080 mAh (Li-Ion Polymer)

Samsung Galaxy Note 4 is expected to be shipped to the US through major wireless carriers like AT&T, Sprint Nextel, T-Mobile and Verizon Wireless upon launch.