Must have expandable internal memory built-in

The Samsung Galaxy S III will come in two color options, one in blue and black, and a second in white.
There will be 16GB and 32GB models as well, and additional specs include a 1080p HD display, a quad-core Exynos processor and integrated 4GB LTE.
Does this Samsung Galaxy S III have a 32GB internal memory?

If not would it be possible to expand this into 32GB internal memory like iPhone has?
