Samsung Galaxy SIII is likely to come out later this year.

When Samsung Galaxy SII ready to be launched this week, Samsung reportedly is preparing its latest flagship phone, Galaxy S III later this year. This shocking news revealed by Eldar Murtazin, a blogger from Russia, who provides the little information about the arrival of Samsung's latest phones.

According to Eldar, Samsung is expected to releasethis phone around November this year, it isbecause Samsung will release its flagship mobile phone once every 6-8 months. This is likely to bevery close to the launch of the iPhone 5 that is expected to be released in September.

As reported earlier, Samsung plans to release Samsung Galaxy SII in 120 countries starting this week.