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Lately, there have been quite a few rumors and leaks regarding the Samsung Galaxy S III, revealing the device’s possible specifications and a few other tidbits along the way. And a new report out today from BGR sheds some light on just how big of a launch Samsung has in store for the successor to its flagship Galaxy Android lineup. In a nutshell, it will be big. But can you expect anything less for such a significant device, within the Android world?

Galaxy S 3 Logo

Apparently, the Galaxy S III will share the spotlight with the most watched event throughout the world; BGR is hearing that the phone will be the official device of the 2012 Summer Olympics, and, as such, the unveiling event will be appropriately hosted in London. Events will also be hosted in NYC, Seoul, and Dubai to commemorate the unveiling of the phone. Now granted, this is rumor – nothing’s official just yet – but this will be pretty big news if true.

While we’re on the topic of rumors, here’s a quick refresher of the rumored specs of the Galaxy S III: A 1.5GHz quad core Samsung Exynos CPU, an 8MP/2MP camera combo, a ceramic case, 4G LTE (of course), a huge 4.8" screen with a 1080p resolution and 16:9 aspect ration display. To get a bit of a feel for the sheer size of this phone’s display, take a look at the HTC Titan Windows Phone, which has a 4.7" display. Quite massive, but this is sure to satisfy those of you out there who prefer phones with larger displays.

The Galaxy S III is rumored to be available in two tasty color flavors: One, a mixture of blue and black, and the second in white. The phone will be available in 16GB and 32GB storage increments. Also mentioned by BGR is that the device will be made out of a ceramic material, which Samsung hopes will improve the build quality of the Galaxy S III. That has to be my one gripe with the lineup, and Samsung phones in general. The build quality just isn’t there, and the phones feel very plastic-y.

There’s no solid date provided for a release, or even the special unveiling event(s) for that matter, but the phone is expected to launch sometime later this month or in May. 10 million units of the device have already been pre-ordered by channel partners interested in selling the popular device once it hits the shelves.

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