Ahead of IFA 2012, LG has officially taken the wraps off their latest upcoming flagship smartphone: the LG Optimus G, Neowin reports.

This new smartphone will be the first on the market to use Qualcomm's quad-core Snapdragon S4 Pro chipset, the APQ8064 - a chipset that packs four of Qualcomm's Krait CPU cores clocked at 1.5 GHz, plus their Adreno 320 graphics processor, dual-band 802.11n Wi-Fi and Bluetooth 4.0.

The Android 4.0 smartphone also packs a 4.7-inch True HD IPS+ LCD display at 1280 x 768, 2 GB of RAM, a 13-megapixel rear camera complemented by a 1.3-megapixel front shooter, and a 2,100 mAh battery. It comes in at 8.45mm thin, and features a "fully integrated touch technology" that helps reduce the gap between glass and display.

The device will first be launching in Korea next month with LTE, followed by NTT DoCoMo (also with LTE) in October/November; LG also says a worldwide launch is expected before the end of the year.