LG is reportedly working on a successor to the V10 (pictured above), one of the company's most interesting handsets to date. According to Korean website ET News, this successor could be called LG V20, or LG V11, and might be released in early September - less than a year after the V10 (which hit the market in October 2015). 

While there's no info on the features of the LG V20 / V11, it's probably safe to assume that the new smartphone will have a large Quad HD display, and a secondary ticker screen (similar to the V10, which sports a main 5.7-inch Quad HD display, and a smaller, 2.1-inch one). The upcoming device may also be shock and drop resistant. Since the LG G5 flagship didn't really sell well, LG is probably working hard to make this alleged V20 / V11 a killer device, so we're looking forward to seeing it in September. 

ET News also mentions that the Samsung Galaxy Note 7 will be officially unveiled (and maybe also launched) on August 2, but we already knew this.

All in all, in the next couple of months, we'll likely have two new high-end, extra-large Android smartphones, both of which are going to compete with Apple's next generation 5.5-inch iPhone (this will probably be released in September, though it may not be called iPhone 7 Plus).