Though the Korea Times was unable to confirm the leaks with LG or Intel spokespeople, the publication quoted executives form both companies who predicted the launch.

This isn't the first time that LG and Intel have collaborated on a phone at CES, but like so many products displayed at the show, the previous device never made it to market.

If LG actually follows through on the rumor it may have better luck this time around, but the company will face more competition from other technologies in Las Vegas including a possible HTC device running on new Nvidia Tegra 3 1.5GHz quad-core processor.