Announced overnight, Galaxy S4 mini will run the most up-to-date Android 4.2.2, with less powerful camera, processor.
The smaller S4 has a 4.3-inch screen, 1.7GHz dual-core processor, 8MP rear camera (the original has 13MP) and 1.9MP front camera, and will come in 4G LTE or 3G+ options.
The Galaxy S4 mini will have 1.5GB RAM, and 8GB storage. It also has Samsung's new apps like S Travel, S Translator, S Health, and Story Album function.
Galaxy S4 mini will see the light of day for the first time at Samsung Premiere 2013 GALAXY & ATIV, London on June 20th.
Samsung did not release pricing but Reuters are reporting the phone could sell for around $350. The S4 currently sells for high end price of $799 in Oz.
"We appreciate such unprecedented demands for the GALAXY S4 that we aimed to provide users with life companion for a fuller, richer and simpler life. And now, we want to give people more choices with GALAXY S4 mini, similar look & feel of GALAXY S4 for more compact and practical usages ," said JK Shin, CEO, Samsung Mobile.