LG has officially announced the LG G Watch R yesterday, after teasing the device earlier this week.

The G Watch R is a sequel of sorts to the G Watch, but instead features a rounded watch face a la Motorola’s Moto 360, which is expected to hit the wild next week. The G Watch R has a 1.3-inch P-OLED (that’s “Plastic OLED”) display with a 320 x 320 resolution.

Internally, the G Watch R runs on a 1.2 GHz Qualcomm Snapdragon 400 processor with 512 MB RAM, 4 GB of storage space, and a 410 mAh battery. Like the G Watch before it, the G Watch R runs the Google’s Android Wear OS.

According to LG, the G Watch R will be available in “key markets” early in fourth quarter of 2014. Prices and availability will be announced at the time of launch.