Apart from launching LG Spirit, LG Joy and Magna as the LG Android Lollipop phones for the Mobile World Congress [MWC 2015], the South Korean tech giant announced LG Leon as the 4.5 Inch Android Lollipop Phone under $150.LG Leon - LG Lollipop Phone

Going through technical specifications of the device it will be sporting 4.5 inch 854 x 480 pixels touchscreen display with quad core processor with 1 Gigs of RAM. It will be also available in two different variants of either 8 mega pixel or 5 mega pixel rear camera and sports removable 1990 mAh Li-ion battery.

LG Leon

Display:4.5-inch 480x854 touchscreen display
1.2 GHz Dual Core/1.3 Ghz Quad-Core processor
GPU:Mali 400
Software: Android 5.0 Lollipop OS
Dual SIM: Yes
Main Camera:8 MP or 5 MP rear camera with LED Flash
Front Camera:5 MP front facing camera
Storage: 8 GB Internal + Micro SD card slot support up to 32 GB
Connectivity:4G LTE, 3G HSPA, Bluetooth, WiFi tether, WiFi
Battery:1990 mAh Li-ion battery
GPS, FM Radio, 3.5 mm audio jack

Price, Availability

LG Leon will be available in selected countries; first it will show up in South Korea and then later to other Asian countries, followed with launch in United States and Europe.