LG has confirmed it is coming out with another flagship smartphone this year and CEO Joon-Ho Cho says the device will launch in the fourth quarter. While speaking to the media and employees, LG's CEO said the phone would arrive in Q4, but it might not be a "super premium phone," despite that having been mentioned in earlier reports.

We've heard the LG flagship could be the LG G Pro 3, a phone that includes a 6-inch Quad HD display, Snapdragon 820 processor, 4 GB of RAM, 32 GB of expandable storage, a fingerprint scanner, and a 20.7-megapixel camera.