Samsung is not updating previous version of Galaxy S III for two main reasons behind; the handset is Non LTE and the handset has limited1 GB RAM only. Now the company has redesigned the handset supporting 3G connectivity and runs the latest version of Android. The handset renamed Galaxy S III Neo model number GT- I930II and this redesigned handset gets the place on the official website of Samsung. The handset is similar in resemblance to the previous model which was launched in 2012.
Galaxy SIII Neo is a bit different from the S3 Neo that was available in the market before months. S3 Neo does not support the dual SIM option. The handset comes 1.4 GHz Quad Core Processor instead of 1.2 GHz processor like the earlier version. The Galaxy S3 Neo does not have a 1.5 GB RAM.
Still we do not know when the handset will be available in the market but we can assume it will be in the market soon. The handset will be available in two colors Blue and white. Galaxy S III Neo still did not get the official announcement from the company so we are unable to say when company is going to launch the handset for the market.