The hotly anticipated next generation Samsung Galaxy phone will make its debut today at 11 AM PT/2 PM ET in London. Not in the UK? No worries, you can watch the announcement unfold on a livestream hosted on Samsung Mobile’s Facebook page. PCWorld’s sibling publication from across the pond, PC Advisor, is at the event and will have a live bloghosted on PCWorld. See also Samsung Galaxy S3 review.

Few details are known about Samsung’s next generation Android phone, but rumors are flying about the specs for this hot new phone. Samsung has already confirmed that its next Galaxy phone will be powered by the company’s own quadcore 1.4GHz Exynos 4 Quad processor. Visit Samsung Galaxy S3 launch: as it happened.

The Galaxy S III is also rumored to have a 4.7- or 4.8-inch Super AMOLED display, 12-megapixel camera and will run Android 4.0 Ice Cream Sandwich. No word whether it will run a new version of TouchWiz, Samsung’s either loved or hated user interface. It also isn’t clear if the S III will make its way to the United States anytime soon. Last year, the Galaxy S II launched in Europe and Asia first and came to three out of the four US carriers about five months later. Visit Samsung launches Galaxy S3 smartphone. See also Samsung Galaxy S3 review.

Stay tuned to PCWorld for news, commentary and analysis after the announcement.