LG Electronics said Wednesday it will roll out this week LG Band Play, a budget smartphone with a high-performance camera and speakers. The smartphone, which will be exclusively available by SK Telecom, will be priced at around 394,800 won ($356.56). Plans for global release have yet to be determined, the Yonhap news agency reported.

The LG Band Play is equipped with a 13-megapixel rear camera and a 5-megapixel front one. An 1-watt speaker will be also onboard. The device will be bundled with the Quadbeat 3 earphones, which have been also shipped with LG's flagship smartphone, the G4.

The 5.1 Lollipop-powered device also has a 5-inch display and a 2,300 mAh detachable battery.