Now that Samsung and HTC have revealed their latest flagship smartphones at MWC 2015, LG is speaking about its future devices. The company is preparing to launch the LG G4 and a new high-end handset that will "stand above the G series."

HTC just unveiled its 2015 flagship smartphone, the HTC One M9 at Mobile World Congress 2015 in Barcelona. The handset's unibody aluminum case and top-of-the-line specs are sure to make it one of the top-selling flagship smartphones when it becomes available at all four major U.S. carriers later this month.

Samsung also debuted its flagship next-generation Galaxy S smartphone series with the introduction of the Galaxy S6 and curved display Galaxy S6 Edge. Samsung has already confirmed U.S. carrier availability for the Galaxy S6 and S6 Edge, which will be released by AT&T, Verizon, Sprint, T-Mobile and U.S. Cellular and expects the smartphones to go on sale on April 10. Amazon is also planning on selling the Galaxy S6 and S6 Edge and has created a sign up page that will provide users with a special code that is good for 10% off any accessory for the new smartphones.

While Samsung and HTC are basking in the spotlight with new smartphones, LG has decided to speak about its upcoming LG G4 and a new even higher-end device in an interview at Mobile World Congress.

"We are planning to release a product that stands above the G series," Cho Jun-ho, who heads LG's mobile business said, in a surprise move at the Mobile World Congress. "It will be launched during the second half of this year."

It's very likely that LG's new series will adopt more premium materials like metal and glass, in addition to an in-house processor tailored for the handset.

The LG G4, which is the follow up to the LG G3, is widely expected to be announced in April and the company is looking to regain its number three spot in world's smartphone market share.

"We aim to have our smartphone sales grow 20 percent on-year in 2015," Cho added. "If the popularity of the G2 and the G3 continues through the G4, we expect to grab a meaningful third-place presence."

Once we hear any new information on LG's upcoming smartphone that it will be more premium than the G series, as well as information on the LG G4, we'll report back to you.

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