Our friends over at Mobile Geeks have found some information about a new phone that Samsung is reportedly working on. Mobile Geeks say (translated) that the device is "traded by some as a Samsung Galaxy Nexus second." I believe this means that the GT-I9260 will end up being branded a Galaxy Nexus device.

The device looks similar to the Galaxy S III, Samsung's current flagship device, but as the same time it has a slightly different appearance and size. It will feature a 4.65-inch OLED display that outputs at 1280x720 resolution. The device will be driven by an unnamed dual-core ARM processor clocked at 1.5 GHz.

The device will ship with the latest Android operating system, also known as Jelly Bean or version 4.1. Internal storage will be in the form of 8 or 16 GB which will be used to store the pictures taken with the 8.1 megapixel front-facing camera and the 2 megapixel rear-facing camera.

Of course it comes with the other array of standards such as microUSB port, Wi-Fi, Bluetooth, NFC, HSPA, microSD, and headset jack. The release date is targeted to be the fourth quarter of 2012.