Well, we knew it was coming, but Samsung has officially announced the Samsung Galaxy S3’s little brother…the Galaxy S3 Mini.

The device is built in a similar style to that of its big brother, but aimed at those looking for a mid-end smartphone, with a mid-end budget.

With a 4.0-inch screen, it will certainly appeal to a much broader consumer base who perhaps were put-off by the S3’s cinema-screen-esque size. Its full dimensions are 121.55 x 63 x 9.85 mm, weighing in at 111.5 g.

“The Galaxy S3 introduced a new concept of smartphone that has proven hugely popular around the world,” says JK Shin, President and Head of IT & Mobile Communications Division at Samsung Electronics. “We’re now delighted to bring its revolutionary design, intuitive usability and intelligence to the Galaxy S3 Mni in a more compact form. We continue to make every effort to provide extraordinary mobile experiences to meet a wide variety of user needs.”

Powered by Android 4.1 (Jelly Bean), the pretty stylish-looking Mini shares a lot with the S3 in terms of design, with a curved frame and Super AMOLED display. It also has the S Beam feature which lets you share a 10MB music file in two seconds by tapping on another S Beam-enabled device (e.g. S3 or Galaxy Note II), even with a Wi-Fi or cellular signal.

The handset comes with a dual core 1GHz Chipset, a 5MP AF + LED flash camera (VGA front), 8/16GB ROM+ 8Gb RAM, microSD up to 32GB. It’s also NFC-enabled.

The phone will be available in early November.