Lenovo has just announced the upcoming release of the K860 smartphone, also known as LePhone. However, there are no details on the phone's availability and pricing options for the moment. The K860 is a high-end Android smartphone, which will probably be limited to Chinese smartphone market. The device is powered by Google's Android 4.0.4 Ice Cream Sandwich operating system out of the box. On the inside, the handset is equipped with a Samsung Exynos 4412 chipset that packs a quad core processor and a Mali-400 MP graphics processing unit. There is 1GB of RAM and microSD card slot for memory expansion (up to 32GB). Lenovo K860 also boasts an impressive 8-megapixel rear camera with full HD (1080p) video recording and a high-capacity 2250 mAh Li-Ion battery. Stay tuned for more updates on the matter.