"We rolled out the G3 in May last year so we do not plan to unveil the G4 at this year’s Mobile World Congress and [plan to] spend more time perfecting the new phone"
To date the reported specs of LG G4 point to it being powered by Qualcomm Snapdragon 810 chipset, they have used the same in LG G Flex 2 and the company does not seem worried about the over–heating issue like Samsung and sticking to it. A 3 GB RAM will be equipped in the smartphone along with a 16 megapixel main camera. The LG G4 will run on Android 5.0 Lollipop. We will be hearing more about developments related to LG G4 in the next coming weeks, it will be interesting to see what other features will this device sport.