The latest "leaks" about the LG isai FL or the LG G3, the newest flagship smartphone from South Korea's LG Electronics, appear far too detailed to be called leaks. 

The "leaks" (some pundits are calling it a press release) consist of two excellent photos of the new smartphone (one colored white, the other pink) from @evleaks, one of the more popular smartphone tipsters. 

It also enumerates a detailed set of specifications for the phone first identified as the "LG isai FL," a name that will become the LG G3 for phones sold outside Japan. Analysts believe the LG isai FL will be sold by Japanese telecom operator KDDI Corporation as part of its "au" sub-brand.

Leaked or not, the supposed specs for the LG isai FL appear formidable: the smartphone will be powered by a quad-core 2.5GHz Snapdragon 801 processor; will run Android 4.4 KitKat; have 2GB of RAM; feature a 5.5 inch LCD screen; have 32GB inbuilt storage with microSD card support and have a 3000mAh battery capacity. LG isai FL is said to be IPX7 certified and could also be water-resistant.

Other sources share almost similar specs but believe the LG G3 will also have a 13 megapixel rear camera and a 2.1 megapixel front-facing camera; the 32 GB built-in storage will be expandable to 64GB; there will be an Adreno 330 GPU and OpenGL ES 3.0.

But what has gotten the attention of tech pundits is the G3's display. The display will most probably be a pixel-rich 5.5 inch quad HD display with a resolution of 2,560 x 1,440 pixels. The G3 will also feature the slimmest side bezel of any smartphone yet. 

Just when the new smartphone will hit shelves isn't known yet but speculation is that the phones might be here "soon" (probably by the third quarter at the latest). An anonymous LG executive told ZDNet Korea that an August launch seems too late considering the current market situation. 

The same executive said LG very quickly completed many features its competitors don't have. The G3 will go on sale on more carriers than any other LG Electronics' smartphone. Media reports said the G3 could be the first LG device to run on one of LG's own homemade processors.