The Galaxy S III and the iPhone 5 is leading the rumors section in YouMobile these days, According to an anonymous tipster who is said to be working for a large UK retailer the next Samsung flagship will be waterproof. And it will not be the only high-end phone to have such a feature, either the iPhone 5 will also reportedly resist water.

The rumor has it that the two top-shelf smartphones will feature a special nanocoating over their chips, which is impenetrable by water.

The technology is developed by a company called Liquipel and resembles the Nokia water-resisting coating that we saw in October and the HzO thing from last month.

Video Demo Below!