Samsung speculated to launch mini version of Galaxy S IIIFollowing the success of its flagship Galaxy S III device, Samsung is now planning to launch a smaller version of its smartphone. For those who found 4.8-inch a little too large, this scaled down version might just interest you.

The news was confirmed by JK Shin, the chief of Samsung’s mobile division, who revealed that the firm will officially unveil a mini 4-inch version of the Galaxy S III, today on October 11th in Germany.

As per the speculations, the Galaxy S III Mini will boast a 4-inch Super AMOLED display with WVGA resolution, a 5-megapixel camera, 1-GHz dual-core STE U8420 processor, and will run Android 4.1 Jelly Bean, Google’s latest operating system.

Believed to be in direct competition to Apple’s iPhone 5, this 4-inch Galaxy S III will come equipped with a resolution of 800-by-480 pixels.

There were some photos and specs of the Samsung Galaxy S III Mini leaked on the Web. The device comes packed in a smaller plastic body measuring 121.55 x 62.95 x 9.85 mm.

The Galaxy S III Mini will include 1GB of RAM and 16GB of internal storage, expandable up to 32GB via microSD.

It will also support Wi-Fi, Bluetooth 4.0, HSPA, NFC for mobile payments and Android Beam, and a 1,500 mAh battery.

The device is expected to be priced at 399 euros ($513), though the official price would be announced at the conference.