Samsung Electronics Co sent invites for the unveiling of the third-generation Galaxy S on May 3 in London, the site of the summer Olympics.

The invitation for the "Samsung Mobile Unpacked 2012" event was designed with big drops of blue and white paint alongside its mysterious tagline. The invitation to "come and meet the next Galaxy" confirms a May release date for the Galaxy S 3.

Samsung is a key sponsor for the Olympics. It has said its market share in China doubled after the 2008 Beijing Olympics.

Samsung hasn't provided details about the latest iteration of its flagship smartphone. Samsung did previously issue a statement saying that its upcoming smartphones won't feature 3D technology. Other than that, Samsung has opted to keep other Galaxy 3 specs under wraps until after the May 3 unveiling.

Here are the LIKELY -- but UNCONFIRMED -- specs of the Galaxy S 3:

* Design: Slimmer and bigger than 4.3-inch Galaxy S2.

* Measurement: 131 mm height x 64 mm width x 8 mm depth. As the Galaxy S II is already thin at 8.5 mm, a 8 mm thin Galaxy S 3 would make the device among the thinnest in the market place.

* Weight: Around 125 grams.

* Display: 720p or 1080P resolution display with 16:9 aspect ratio.

* Screen: 4.7 or 4.8-inch Super AMOLED HD screen.

* Processor: 1.5 or 1.8 GHz quad-core Exynos CPU.

* Memory 1 or 2 GB RAM.

* Camera: a 10MP or 12MP rear camera.

* Platform: 4.0 Ice Cream Sandwich operating system plus

upgraded TouchWiz software

* Connectivity: 4G LTE network support, optional Near Field Communication (NFC), microUSB version 3.0, assisted GPS with GLONASS, Bluetooth version 4.0, Wi-Fi with Wi-Fi Direct plus hotspot functionality and dedicated microHDMI port.

We'll find out the complete specs of the Galaxy S3 when the device is finally unveiled May 3.