We’ve been hearing the rumors for months, and now Samsung has gotten official with the newest member of its Galaxy line of smartphones, the Galaxy S III. Samsung announced the most anticipated Android handset of the year Thursday at an event in London. The phone is the third-generation in a line of popular smartphones created by Samsung. The phone has a 4.8-inch touchscreen, 8-megapixel rear-facing and 1.9-megapixel forward-facing camera, and comes running the latest version of Android — Ice Cream Sandwich. Much like the HTC One X, the camera has zero shutter lag so you can capture photos instantly. The camera is also capable of taking 20 photos at once in burst mode, and a feature called “Best Photo” will pick the best shot out of a group of eight. The NFC-capable Galaxy S III has a Super AMOLED HD (1280×720) screen, offering more subpixels than other screens, resulting in improved colors as well as better visibility in bright situations. “With the GALAXY S III, Samsung has maximized the consumer benefits by integrating superior hardware with enhanced smartphone usability,” said JK Shin, President and Head of IT & Mobile Communications Division at Samsung. “Designed to be both effortlessly smart and intuitively simple, the GALAXY S III has been created with our human needs and capabilities in mind. What makes me most proud is that it enables one of the most seamless, natural and human-centric mobile experiences, opening up a new horizon that allows you to live a life extraordinary.” The phone is powered by a 1.4GHz Samsung Exynos 4 Quad processor (see video below). The Exynos 4 has twice the processing capability of the older Exynos 4 Dual used in previous Galaxy phones, and it consumes 20% less power. To achieve this level of efficiency, Samsung has implemented on-off switching as well as dynamic voltage and frequency scaling for each core. All that means the processor will consume exactly the amount of power it needs under any given workload. -Source Mashable