In Short

LG at Mobile World Congress 2014 unveiled its first "compact" smartphone based off its flagship LG G2.

The G2 Mini features the same user experience as the larger G2 in a 4.7-inch phone, with a lesser-spec'd processor powering it. It's got a mere 8GB of on-board storage. 

It's sporting a 2,440 mAh battery and is running Android 4.4 KitKat.

The G2 Mini first launches in the CIS, followed by the Middle East, Latin America and Asia, and finally Europe.