This upcoming family of smartphones will include the L40, L70 and L90, but all details about them will be revealed in about a week at MWC.
http://www.notebookcheck.net/LG-announces-the-L-Series-III-Android-smartphones.111676.0.html
:'(Oh god...still only 1GB ram in there :-(...what a shame.. And the price will be still for the L70 a 250€ when it comes out for sure
For a low to mid-range device 1 GB is usually enough. Let's not forget that Android is based on Linux and the current Linux kernel for PCs works great with 1 GB of memory. Obviously, Android's core is an optimized one, so...