Pictured above: The Samsung Galaxy S II profile

Samsung’s Galaxy S III smartphone will be 1.49mm slimmer than its predecessor the highly successful Galaxy S II will, a new rumor has it. According to industry sources who spoke to ETNews.com (via BGR), the new flagship phone by Samsung will be just 7mm thick versus the previous model’s 8.49mm profile.

Confirming Samsung’s plans to postpone the expected MWC introduction, the publication is claiming the Galaxy S III will arrive in May, sporting an 8-megapixel back camera and a two-megapixel camera on the front. Other features mentioned in the article include Android 4.0 Ice Cream Sandwich and Samsung’s trademark Super AMOLED Plus display…

We also know from earlier rumors that it should run a quad-core processor and pack in 4G LTE connectivity. A recent spy shot even claimed the device could sport a flexible display, but do not bet on it (even with Samsung confirming phones with flexible displays this year). PocketNow said Samsung’s new Exynos 4412 that has four Cortex-A9 processing cores will power the phone, each clocked at 1.5GHz.