This summer may be an important time for the mobile industry. Two of the biggest competitors in the industry, Apple and Samsung, could be releasing their next generation smartphones, according to Android news blog AndroidAndMe.

The blog reported that a June launch is rumored for the Samsung Galaxy S3, after a preview photo was leaked this week.  According to the Android-based website, a high-resolution render of the new gadget was said to be revealed. However, the blog also said that the image is likely to be fake.

Although the launch date is not confirmed, a summer release could put the device at competition with Apple's iPhone 5. The iPhone manufacturer usually launches its smartphones in the summer season, throwing a curveball at fans by releasing the 4S this past October.

There are already rumors and speculations surrounding the iPhone 5's features, the Galaxy S3 is garnering attention as well.

This device has become so hyped that it is almost impossible to keep up with all the supposed leaks and rumors, Taylor Wimberly of AndroidAndMe wrote.

And fans are proving this point, sharing their excitement through social media.

Waiting impatiently for the Samsung Galaxy S3, one user posted on Twitter.

Can't wait for this to come out! Need an upgrade. Really excited to say goodbye to Apple, another user tweeted, referring to Samsung's next mobile venture.

Another blog,, speculated that the anticipated announcement could be as soon as next week. A March 22nd announcement is rumored, and the site also added that Samsung has a mobile event scheduled for that day in Paris. But the company has already crushed the rumor that this is concerning the Samsung S3.

Until information is confirmed, users will have to satisfy their curiosity with the various rumors circulating the Internet.