LG has been dropping hints about a new “super premium” smartphone that it’s working on for a few months, but now the company is trying to downplay those claims a bit, saying that the device is meant to compete with the likes of Samsung’s new Galaxy Note 5 and Galaxy S6 Edge Plus, as well as Apple’s next smartphones. Cho Juno, the chief of LG’s mobile division, announced earlier this week that the company has another flagship smartphone planned for this year, but it’s not going to be super premium, so I guess it’s just going to be regular premium.