LG Electronics, Korea's No. 2 smartphone producer, aims at Chinese rivals Xiaomi and Huawei, with the release of the entry-level K10 smartphone in Korea. The new phone will be available starting from January 14 in LG's home country through SK Telecom, KT and LG Uplus. Its suggested retail price for the LG mobile will be around 200,000 won.

The LG's K10 will support a 5-megapixel front camera and a 13-megapixel rear camera in a 5.3-inch high-definition screen. It has a 5.3 "HD In-cell Touch display, 1.5GB RAM, 16GB ROM, and a 1.2GHz Quad core processor.

LG is strengthening its budget mobile lineup is because of growing influence of cheap Chinese devices to local consumers.

Samsung's new "Galaxy A" model will also be available this week through the three local carriers. With an appealing design, the A model will support the Samsung Pay mobile payment system and be featured with an advanced camera. he A series will be available with three variants - 5.5-inch, 5.2-inch and 4.7-inch screens.

Local carrier SK Telecom will also start receiving orders of its "Idol 3" smartphone manufactured by Alcatel One Touch sometime this week. The Idol 3 is equipped with a 5.5-inch full high-definition screen with the device embedding an octa-core application processor and 13-megapixels.

Main specs LG K10

• Size: 146.6 × 74.8 × 8.8mm
• Weight: 140g
• Colors: Black, White
• Network: LTE
• Chipset: 1.2GHz Quad
• Display: 5.3" HD In-cell Touch
• Cameras: 13MP rear camera / 5MP front camera
• Battery: Removable 2,300mAh
• Memory: 1.5GB RAM, 16GB ROM
• Operating System: 5.1 (Android Lollipop)
• Connectivity: Wi-Fi (802.11 b, g, n), Bluetooth 4.1, NFC, USB 2.0, Micro SD slot support