Well, well, well, what do we have here?

A mysterious LG device called the LU-3000 has appeared on camera blowing Apple’s iPhone 4 and Samsung’s Galaxy S out of the water in a speed test. Here have a look for yourself:

Is your jaw on the floor?

Thought so.

There’s more too. Here are some the specifications according to Akihabara. It has a 3.8” WVGA IPS display, Android Froyo, 5 megapixel camera, HDMI out, 1080p video capabilities, and an OMAP 3630 1GHz for a processor.

Not bad at all.

And remember, this isn’t the only speedy smartphone LG has up its sleeve. They also are going to be releasing a Tegra 2 powered Android device, codenamed Star, sometime in Q1 of next year.

Update: December 7.  LG have finally confirmed the LU3000 in South Korea.  The device, as specified here is expected to go on sale within the week for 800,000 Won (about US$700).