Samsung pushed Android 4.0 ICS update for Galaxy Note recently and launched Samsung Galaxy S III.
There are rumors as per Korean newspaper that Samsung will launch Samsung Galaxy Note II this year in October which will sport 12 MP camera and quad-core processor,will have 5.3″ Flexible LED display with upgraded battery and will run on latest Android OS Jelly Bean.

Earlier, there were rumors that the Galaxy Note II will have a 5.5 inch Super AMOLED HD display, high-resolution of 1680 x 1050 pixels, 1.5 GB RAM, Quad-core processor and would include 4G/LTE.
Samsung had released a video showing its futuristic technology called “YOUM”, which shows a flexible display attached to a device.
Flexible LED display sounds interesting! What are your views on Samsung introducing
Flexible LED display in Galaxy Note II ?