Samsung's Galaxy S3 is fast becoming one of the most-hyped smartphones. There has been a frenzy of rumors about the new device that's reminiscent of the build-up to an Apple iPhone. The hype behind the non-existent smartphone could be attributed to the success of its predecessor the 2011 Galaxy S2 that sold nearly 10 million units. The Samsung Galaxy S3 is definitely one of this season's phones to watch and to help you with the gamut of news articles and rumors circulating the Internet here are some of the more prevalent speculation about the Galaxy S3.

One of the most asked about questions about the Galaxy S3 is when will the phone be available. There have been varying reports, some sources have the Galaxy S3 hitting shelves as early as April, while some have pegged it for a May release. What is confirmed is that there is a Samsung Galaxy S3 but that Samsung is still reviewing its plans. The South Korean electronics giant opted out of announcing the phone at this month's Mobile World Congress since it was aiming to have the announcement and the launch close together.

One major talking point that's been going around is about the Galaxy S3's specs. Word on the street is that the phone will have a quad-core processor and come with Android 4.0 Ice Cream Sandwich pre-loaded. The probability is high that the phone will indeed have a quad-core processor since Qualcomm has confirmed that mobile quad-core chips are available. Other new features include a 12 megapixel camera and the new Super AMOLED Plus capacitive touchscreen with a pixel density of 319 ppi. There have also been rumors that the phone will have a 3D version. The Galaxy S3 is also reported to have a longer battery life and even the potential for inductive wireless charging.

There has been a supposed picture of the Galaxy S3 leaked at CES this year and if that's real then the design of the S3 is something to drool over. The phone has an oversized HD display with a very thin bezel design that makes it a worthy successor to the S2. Another rumor has said that the S3 will only measure 7mm in thickness making it one of the thinnest Samsung phones released. One sure thing about the Galaxy S3's design is that it will need to be eye-catching to compete against the expected Apple iPhone 5.