According to Shin, Samsung will launch a 4-inch Galaxy S III device in Germany on Oct. 11. The move is being made, Shin said, because of the emerging popularity of the 4-inch device size in Europe. Shin said,
"We'll be launching a 4-inch Galaxy S III on the 11th in Germany. There's a lot of demand for a 4-inch screen device in Europe. Some call it an entry-level device, but we call it 'mini.'"
While Shin says the device is not entry-level, the specs appear to be downgraded from the original Galaxy S III. German website MobileGeeks has leaked specs and an image of an actual Galaxy S III Mini (via GSM Helpdesk).
The 4-incher's screen resolution is a mid-range 800 x 480, while the GS3's quad-core Exynos processor has been replaced by a dual-core STE U8420 chip running at 1GHz (U.S. GS3s have a dual-core 1.5GHz Qualcomm Snapdragon S4 processor and 2GB of RAM). The rear-facing camera is only 5-megapixels with a VGA front-facing camera. The device does sport 16GB of internal storage.
The image of the device also shows a sales tag that confirms at least some of the specs. According to the leaked info, their sources say the price tag will be 399 Euros ($510).