Samsung’s Galaxy S II smartphone was released around in the world back in May-June 2011 and we are now closing into the reveal and release of its successor – the Galaxy S III.

It is currently unknown what its final specifications will be, but according to a new report from South Korea’s ETNews, the Galaxy S III will be even slimmer than the Galaxy S II, which is 8.49mm thick*. Details after the jump!

Galaxy-S-3-Logo11

News of the report comes from SlashGear – a blog dedicated to covering consumer electronics and the technologies that power them – in the form of a post in which the discuss the report from ETNews based on “insiders” who have reportedly seen the upcoming smartphone in person.

According to these insiders, the Galaxy S III will be just 7mm thin at its thinnest point**, but will come with a usual bump at the bottom to house networking components (just like the Galaxy S II). Samsung apparently decided in March 2011 to go for 10-20% slimmer components.

From SlashGear:

Samsung’s Galaxy S III could launch as early as May 2012 and be just 7mm thick, according to South Korean sources, with the quadcore Android 4.0 smartphone testing all its creator’s manufacturing expertise.

Besides the ultra-slim profile, the “insiders” also claim that the device will come with a 8MP camera on the back and a 2MP front-facing camera. These are, well, expected features.

We don’t know about you, but we don’t really like this whole race for the slimmest smartphone. I have a Samsung Galaxy S II myself and feel that it is already too slim to be held comfortably.

Galaxy S II

Instead of trying to win the slimmest smartphone race, we suggest that these smartphone manufacturers actually try winning the race for the longest-lasting smartphone battery life. From my experience with the Android enthusiasts and developers community, people are more than willing to sacrifice a little slimness for longer battery life, larger camera sensors and just overall better hardware components.

Uncomfortably thin? Or incredibly sleek? Let us know in the comments section over on our Facebook and Google+ page.

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*Samsung even advertised the Galaxy S II as the “world’s slimmest dual-core smartphone” last year. Will the Galaxy S III become the “world’s slimmest quad-core smartphone”?

**If you want to visualize how slim 7mm is, just have a look at the recently released 7.1mm Motorola DROID RAZR.

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