LG Optimus Vu, the long teased Galaxy Note 5 inch rival is now official, as it’s just been launched in South Korea. It appears that the device will launch next month and I’m pretty sure I’ll see it in action at MWC 2012 next week.

This tablet/phone hybrid adopts a squared form factor and has inferior specs when compared to the Samsung Galaxy Note. Its features include a 5 inch IPS display, supporting a 1024 x 768 pixel resolution, a dual core Qualcomm 1.5 GHz processor and an Adreno 220 GPU. 32GB of internal memory, LTE, HDMI and DLNA round up a pretty appealing specs list.

Android 2.3 runs on the Optimus Vu for now, although LG promised a jump to ICS ASAP. wiFi Direct and an 8 megapixel camera are also present, the latter with autofocus, LED flash and possibily 1080p capture. We also get a 1.3MP front shooter for videocalls and a 2.080mAh battery to power up the unit.

Expect to see this model in Europe and USA around April time, or even March. Honestly speaking, I’m not very thrilled with this product, since it doesn’t offer anything extra compared to the Galaxy Note.