As expected, South Korean electronics manufacturer LG unveiled a pared-down variant of its G Pro smartphone. LG unwrapped the G Pro Lite phablet featuring a 5.5-inch display, dual-core processor, and a 3,140mAh battery.

During an event in Seoul on October 10, LG introduced the new device that is a bit less robust than its big brother. The G Pro Lite offers consumers a screen resolution of 960 x 540 while Pro variant offers a more pixel-rich 1920 x 1080 screen.

“With LG G Pro Lite, we are introducing a competitive device to the masses in the growing large smartphone market. The market for smartphones with displays over five inches will continue to grow, and LG is in a high position to capture these new customers when they’re ready to move up from their current phones.” said LG Electronics Mobile Communications Company president and CEO Dr. Jong-seok Park through a press statement.

G Pro Lite Colors

The new mid-range smartphone of LG features a 1GHz dual-core chip from MediaTek, 1GB RAM, 8MP main camera, and 8GB internal storage. Those looking for more storage can expand the capacity using a microSD. It will come out of the box operating on Android 4.1.2 Jelly Bean. It will be available in either black or white.

While consumers might miss the 4G LTE support, 13MP camera, full HD screen, and faster CPU of the G Pro when they get their hands on the LG G Pro Lite, the 160-gram device has other offerings to provide the best value for the buyer’s money. It features a stylus pen, dual SIM slot, and stereo speakers.

LG aims to get a share of the phablet market and plans to release the G Pro Lite this October in Latin America. The product will soon hit markets in Asia, India, Middle East, China, and Russia.

The tag price for the LG G Pro Lite wasn’t revealed during the launch, but it will be safe to assume that it will be lower than the Pro variant that sells in the U.S. for $200 with a two-year service agreement.