LG is reportedly preparing a new flagship smartphone that will compete directly with Samsung’s upcoming Galaxy S III, Digital Daily reported on Monday. The LG handset, code-named D1L, is said to be equipped with a 4.7-inch, 1280 x 720-pixel display and a dual-core Qualcomm Snapdragon S4 processor clocked at 1.5GHz. The publication’s sources also claim the handset will feature 4G LTE and Android 4.0 Ice Cream Sandwich, with a launch date slated for May. An LG official confirmed the company is “developing a phone with a project name D1L,” though the company did not confirm any additional details.

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Dan joins the BGR team as the Android Editor, covering all things relating to Google’s premiere operating system. His work has appeared on Fox News, Fox Business and Yahoo News, among other publications. When he isn’t testing the latest devices or apps, he can be found enjoying the sights and sounds of New York City.