Expectations are rife that LG is all set to launch Optimus 3D smartphone.

The company has reportedly sent out an invite for a press conference to be held on February 14 at the Mobile World Congress 2011 in Barcelona, where it is likely to launch the new handset.

The invite shows a handset that analysts say resembles LG Optimus 2X and reads "Into the New Dimension and says Experience the new world that LG is opening."

LG Optimus 3D will be based on Google Android platform. The glasses-free 3D handset is said to run on Nvidia Tegra 2 processor (same as LG Optimus 2X), carry an 8-megapixel camera with flash, front camera and movie recording.

The 4.3-inch smartphone was partially revealed at the Consumer Electronics Show 2011.