According to news from Chinese media, AMD is slated to announce the new generation AMD GPUs code name Southern Islands. It will start retailing in Nov 2010.

With the upcoming series, AMD will be revising the prices of Radeon HD 5000 series graphics card.

It is unsure if the new series “Southern Islands” will be named as Radeon HD 6000 series.

It is also rumoured that AMD planned to have Northern Islands using 32nm technology. As TSMC goes for 28nm, AMD switched plans and will continue to use 40nm process and change it’s code name to Southern Islands.

According to the news media, AMD did not comment on the report.