The unveiling of Samsung Galaxy Note 3 will be held at the Samsung Unpacked 2013 Episode 2 event day in Berlin at 1 p.m. ET/ 10 a.m. PT and at 7 p.m. CEST (Central European Summer Time).

Samsung's keynote media event can be viewed via live stream on Samsung's YouTube channel.

The Samsung Unpacked 2013 Episode 1 event was held in March this year, where the flagship phone Samsung Galaxy S4 was unveiled.

The Galaxy Note 3 unveiling will finally confirm the specs rumors that have been swirling in anticipation of the device.The Galaxy Note 3 will likely pack a Snapdragon 800 SoC processor, 2.5 GB RAM, and will be available in two variants –Snapdragon 800 and Exynos 5 Octa-core. The Snapdragon processor features the new Quick Charge 2.0 protocol, which will allow batteries to charge up to 75 percent faster.

Samsung will also unvil the first ever smartwatch - the Samsung Galaxy Gear - which is set to feature a 2.5-inch 320x320 OLED display and dual-core Exynos 4 processor.

The Galaxy Note 3 is slated to compete with the iPhone 5S, which will be launched by Apple during a media keynote event on Sept. 10. Apple's event will be held during the IFA 2013 convention in Berlin, which will run from Sep. 6 -11.