No surprise that LG will come out with a midrange version of the flagship LG G4 as they announced the LG G4 Beat
The phablet has 5.2 inch IPS LCD Full HD display with Android 5.1.1 Lollipop, 8 MP rear camera with laser AF and LED flash (13 MP variant will be available in Latin America), 5 MP front camera, 64-bit Qualcomm Snapdragon 615 octa-core processor, LTE, 1.5 GB RAM, 8 GB ROM, Bluetooth 4.1, WiFi, A-GPS with GLONASS and 2,300 mAh battery
Image from GSMArena
As of this time, there are no info on it's official release date and the possibility if this device will be available here.