It is no secret that LG is working on their very own flagship Smartphone for 1H 2014. Sony, Samsung, ASUS and the other top OEMs are doing the same. Alleged specifications of the LG G3 have surfaced, and they aren't too unbelievable or far from what we had expected.
Word is that the LG G3 will come with a 5.2 or 5.5-inch WQHD (2560 x 1440) display, of which the latter was shown off by LG Display back in August this year. Also, the Smartphone will allegedly be powered by LG's own octa-core chipset, which could be a 64-bit part as LG had licensed Cortex A50 series CPUs from ARM. The rear camera is said to be a 16 MP module.
Note that nothing has been confirmed as of yet, so take it all with two grains of salt. Perhaps LG will show-off their new phone at CES. If not, then we would have to wait until MWC to learn more about the G3.