There are three significant differences between the S3 Neo and the Galaxy S3 (excluding the fact that the Neo can carry two SIM cards). Those are their processors, their RAMS, and their data support. The Neo version's processor has a slightly lower clock speed (1.2Ghz instead of 1.4Ghz), but take note that both smartphones have four cores. The Neo's RAM however, is a little bit bigger with 1.5 gigabytes compared to only 1 gigabyte. Lastly, the S3 has 4G capability, while the Neo only has 3G capability. All in all, it has the capabilities and power of the main S3 plus the fact that it is capable of reading two SIM cards with only a few downgrades.
** This phone is also known as: Samsung GT-I9300I
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