Although LG tried to make it look like the Optimus L II family was entirely new during MWC, some of you probably remember seeing the trio earlier. In which case you won’t be surprised to hear that the L3 II and L7 II are expected to make their debuts this week, while the L5 II is due out in early March.

The smaller and more modest member of the series will hit the ground running in Brazil, with several unnamed countries in South and Central America, Europe, Asia, Middle East and Africa following soon after.

Pricing is still kept secret, but, judging by the fellow’s low-end specs, you’ll probably get a fairly nice deal for it. The L3 II will be out in single and dual SIM versions, as well as four different colors “tailored to users’ individual styles”: indigo black, white, pink and titan.

Here’s a quick rundown of the L3 II features known at this time, with the remaining gaps to be filled soon:

• 3.2-inch IPS LCD screen with 320 x 240 pixels resolution
• 1 GHz single-core Qualcomm MSM7225AB processor
• 512 MB of RAM
• 4 GB of on-board storage
• MicroSD support for expanding the memory with up to 32 GB
• 3 MP rear-facing camera
• Android 4.1.2 Jelly Bean
• 1,540 mAh battery
• Wi-Fi 802.11 b/g/n, Wi-Fi hotspot, Bluetooth
• 102.6 x 61.1 x 11.9 mm dimensions (single SIM)
• 102.9 x 61.3 x 11.9 mm dimensions (dual SIM)

We know the LG Optimus L3 II is far from special, but could it snatch some solid sales in the coveted budget-friendly niche in emerging markets? What kind of pricing does it need in order to do so?