Although we have reported solid evidence that LG might take the wiser approach of not alienating its customers and competing with itself by offering a Premium version of the G3, the rumors they will do exactly that are still persisting. The latest intel suggests that LG will launch an enhanced version of the G3 in July, at around the same time Samsung reveals their Galaxy F premium device.
This LG G3 Prime will supposedly have higher end specs just like the Galaxy F, including a Qualcomm Snapdragon 805 processor and 3GB of RAM. Supposedly, it will also include a 225 Mbps capable LTE-Advanced modem. This leads us to believe that if it really does launch, it will be a limited edition device which only shows up in South Korea.
Of course, there's no telling which way this will go, and just about any outcome would not be much of a surprise.
Source: PhoneArena