LG has just released the official specs for the 5-inch Optimus Vu II, now with slightly upgraded internals compared to the first Vu.
The Optimus Vu II sports a 5-inch IPS LCD display with 4:3 aspect ratio, an 8 megapixel rear camera and 1.3 megapixel front-facing. Compared to its predecessor, it now has double the RAM at 2GB, a better stylus, carries a dual-core 1.5GHz MSM8960 processor, a slightly bumped-up battery at 2150mAh with wireless charging support and runs Android 4.0 Ice Cream Sandwich out of the box.

LG Optimus Vu II (LG-F200) specs:
Display, 5.0-inch IPS display (1024 x 768)
Camera rear: 8 megapixel
Camera front: 1.3-megapixel
Processor: MSM 8960 1.5Ghz dual-core
RAM: 2GB
OS: Android 4.0 Ice Cream Sandwich
Battery: 2,150 mAh with wireless magnetic induction charging
connectivity: WiFi 802.11 a/​​b/g/n, Bluetooth 4.0, MHL, NFC, USB 2.0, DLNA, Wi-Fi direct, Miracast
Network: LTE VoLTE (Voice over LTE)
Dimensions: 132.2 x 85.6 x 9.4
Weight: 159g
Color: Illusion Black / Illusion White / Illusion Pink
The LG Optimus Vu II is priced at around 966,900 won in Korea or roughly $864, which is really expensive. I do hope they will lower the price when it reaches the Philippines or LG will have a tough time keeping up with the competition.
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LG VU 2 does not have a dual core, instead it’s a QUAD CORE, just fyi.