News of the next-generation GALAXY smartphone is out, and it is likely to be the Samsung GALAXY S III. And the Quad-core phone may be showcased at the Mobile World Congress in Barcelona next year.

According to Korean media ETNews, the new Samsung smartphone, GALAXY S III, will be equipped with a Quad-core processor; possibly the Samsung's Exynos 4412 processor, a 32nm quad-core chip based on the ARM Cortex A9 architecture. Other specifications include 4.6-inch Super AMOLED Plus touchscreen display (1280×720), supports LTE network, 12-megapixel rear camera that can capture full high definition 1080p video, and runs Google Android 4.0 Ice Cream Sandwich.

It was also reported that Samsung is developing 3D capabilities on the smartphone, though there's no details as to what extent will the new phone be equipped with the technology. The company could come up with a separate smartphone, rather than incorporate it to the GALAXY S III, and called it the Samsung GALAXY S 3D. We can only wait and see when Mobile World Congress arrived in February next year.