An anonymous tipster has sent GSMArena information that Samsung are currently working on a Galaxy S III point-and-shoot camera, which will apparently be called the Samsung Galaxy S Camera and will feature a 4.8 inch SuperAMOLED sceen with Android’s 4.0 Ice Cream Sandwich OS.

And of course the main part of the rumor, a 16MP camera, which will feature 10x digital zoom and a pop-out Xenon flash which has been curved into the right side, and has been described as a Galaxy S III glued to the back of a normal point-and-shoot camera.

The camera would also feature Wi-Fi and 3G capabilities, and will supposedly be announced at this years IFA alongside the announcement of the Galaxy Note 2.

Obviously this is all just a rumor, but a pretty cool one. We should see more, if true, of the Galaxy S Camera within the next few weeks.

Source: GSMArena

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