Going by the exponentially increasing popularity that the Galaxy S series have commanded, starting with the Galaxy S, moving to the current reigning device the Galaxy S II, the next in the series which would likely be called the Galaxy S III would sure be another chart topper.

If the raw power and sleek looks of the S II are anything to go by, we can safely expect this winning combination of power, performance and sleek looks in its successor. What we can also be sure of is that the processor that is likely to power this device would also be from Samsung’s very own Exynos series, but which one in particular is still speculation, at best.

If this latest rumor is anywhere close to being true, we could be looking at the newly discovered Exynos 4412, which is 32nm quad-core design with ARM Cortex-A9 cores running at speeds up to 1.5 GHz. Evidence of the new chip was spotted in the Linux Kernel archives and Samsung already appears to be testing it.

For now, we are just going to have to wait and watch, as Samsung isn’t expected to announce the Galaxy S III until next year at Mobile World Congress in late February 2012. The quad-core Exynos 4412 CPU and Mali-T604 GPU sound like the perfect combination, so we will keep our fingers crossed, and see what kind of surprises Samsung has in store for us.