However, the latest report by AndroidHeadline.com suggests that LG is planning to launch a full-HD smartphone in the first quarter of 2013. This smartphone carries the codename 'GK' and will have a 5.5-inch screen and will run on a quad-core processor.
Furthermore, reports by ET News suggests that LG will be launching a full-HD, 5.5-inch handset at Mobile World Congress (MWC 2013) in Barcelona, which will be held in the last week of February, and the smartphone will start retailing just days after the event. This report also mentions that the 1080p screen is being made by Pantech.
As per South Korean news agency, Yonhap, LG's main objective behind launching the full-HD smartphone in first quarter is to be able to garner greater market share than its rivals. The company feels that having its product in the market before Samsung Galaxy S IV or the next generation iPhone will give it a slight edge in terms of sales.
The agency further claims that HTC too might follow a similar strategy with its forthcoming flagship HTC M7 and we might see this smartphone too retailing by first quarter of 2013.
AndroidHeadlines.com also contemplates that LG will have to actually announce its next flagship before MWC 2013 to be able to stick to its target of shipping this smartphone in the first quarter of 2013.