LG is updating the Vu II, with the Vu III.

LG Vu III will feature a 5.2-inch (1280 x 960) 4:3 display, a Snapdragon 800 SoC, 13MP camera, and support for 150Mbps LTE-Advanced networks.

But, once again whilst a 4:3 is ideal for web browsing and magazine reading, it is not an iPad, it is a phone. And this display size creates a rather wide phone that is difficult and uncomfortable to hold.

Anyway, it is due to be official announced at IFA on the 4th September 2013.