Lest you thought Samsung was going to finish the Galaxy S III and Galaxy Note II, you’d only be partially correct.  Word on the street is that they are cooking up yet another Android device for November, a little something nicknamed ‘Golden”.

Details are very scarce at this point, however a SamMobile source advises the GT-I8190 phone will have a 5-megapixel camera and come in two color options: Metallic Blue and Ceramic White.  We know it’s not hard to pin these specs on just about any Samsung phone but it’s all we’ve got thus far. Expect Android 4.0 or 4.1 for the operating system and Samsung’s TouchWiz UI.

Considering the ‘Golden’ codename and preliminary specs, we’d like to posit that this might be the affordable model that’s set to do battle with the iPhone 5.  Yes, we know the Galaxy S III bests the Apple handset on a number of hardware fronts.  A lower-priced device that falls more closely in line with the iPhone 5 could really help push Samsung’s overall numbers into another galaxy.

As a reminder, a Galaxy S III Mini is expected later this year and was tied to rumors of a 5-megapixel camera, dual-core processor, and a 4.0-inch SuperAMOLED display.  This was the model that is allegedly designed to compete with the iPhone 5 with a price of around 250 euros.