Logic suggests that LG will probably release a third flagship phablet sometime in early 2015 (we dare not say February 12, 2015), but a recent rumor has it that those that have been patiently waiting for the LG G Pro 3 might get unpleasantly surprised.
It seems that the South Korea manufacturer might have axed its phablet family and shifted its focus on its 2015 flagship device, which will surely be called the LG G4. Given that the 5.5" LG G3 is almost as big as the 5.9" LG G Pro 2 and is on the fence of being called a "phablet", rumors of this kind surely have a lot of ground to set feet on. That said, the rumor mill doesn't claim that LG won't release another large-screen device in early 2015.
Meanwhile, we've also heard that the G Pro 3 might get powered by LG's own in-house chipset, the octa-core NUCLUN (previously known as "Odin"), which is reportedly flawed and has a lot of issues, thus affecting the sales of the LG G3 Screen in the most unfortunate way possible.
LG G Pro 2
source: HeraldCorp via GForGames