While there is still no official word from Samsung about the release date of the highly anticipated Galaxy S3, there is much speculation that the phone will be unveiled at an event in France on March.22.

The Galaxy S2 was unveiled at the Mobile World Congress last year, but Samsung announced that this year only current models of Samsung products would feature in the event.  

A new report obtained by Northern Voices Online claims that Samsung will be making a mystery announcement at the event in France, which many anticipate to be the unveiling of the Galaxy S3.

Recent rumors have pointed to a February, March release with many tech bloggers predicting the phone will be unveiled in the first half of the year, but Samsung is yet to release an official statement about the release date.A March release for the new phone seems reasonable,however, given the fact that the phone's predecessor was so popular.

Samsung hasn't even confirmed if the follow up to the Galaxy S2, will be called the Galaxy S3, although tech bloggers expect the tech giant will continue to use the brand in its mission to dethrone the iPhone.

Samsung Galaxy S2 was heralded one of the top smartphones of 2011 with its all-powerful features packed into a slim, sleek case. Now Samsung enthusiasts are gearing up for the all-new Samsung Galaxy S3 model.

The most popular rumor surrounding the S3 is that Samsung will launch an 8GB entry-level version of its Android phone. It will have smaller memory, but come at a reasonable price compared to the larger model, according to a report published in Planet Insane.

Here's a roundup of rumors surrounding the phone:

Release Date: The latest and most popular release date rumor is that the phone will launch on March.13 at an event in Turkey. While this is highly unlikely, S3 enthusiasts are hoping the Mobile World Congress in February will bring official information about the phone's release.

Processor: The next generation of Samsung is expected to boast an Exynos 4412 chipset with a quad-core unit, which will apparently be clocked at 1.5GHz. The phone is guaranteed to arrive with the Android 4.0 Ice Cream Sandwich operating system.

Display: The S3 is expected to come with a larger screen than that of the Samsung Galaxy Nexus, nearer to the 5-inch scale. It is rumored to have a AMOLED Plus screen with 1280x720 resolution. If the phone comes with a S5K2P1 chip, it will be able to capture 60fps HD video and 8.3 megapixel images.

Other rumored specs:

  • 5″ 1280×720 Super AMOLED Plus display
  • 9mm thick body
  • 8 megapixel main camera with LED and Xenon flash
  • 2 megapixel front-facing camera
  • 32 or 64 GB of internal memory
  • USB 3.0 capability
  • 4G LTE right off the bat
  • 1.5GHz Quadcore Samsung Exynos CPU
  • Touchwhiz 5.0 overlay