Samsung officially unveiled the Galaxy S III Mini at an event in Germany. The smartphone is powered by a 1GHz dual-core processor, 1GB of RAM, a 4-inch Super AMOLED display (800x480 pixels) and will come with Android Jelly Bean once it ships. The Galaxy S III Mini will come with 16GB internal storage and a memory card for expansion. No word yet on the pricing of the S III Mini, but global availability is expected to coincide with the Christmas shopping rush.

Compared to the Galaxy S III, the Mini does away with the quad core power for a dual-core processor. The camera also sees a downgrade from 8MP to 5MP. Some markets globally will also feel the lack of LTE connectivity. The Galaxy S III Mini carries forward the S-Voice, Smart Stay, Direct Call and S Beam feature from the Galaxy S III.

We believe this smartphone will be a very good option to consider, if Samsung prices it right. On paper, this is an ideal phone to compete in the Rs. 19,000 – Rs. 23,000 price bracket, competing with the likes of the HTC One V and the Sony Xperia P.