Phablets are in demand since many users want something larger than a phone, but smaller than a 7 inch tablet. Samsung basically owns this market with its Galaxy Note devices, but they do have their competition.
Lenovo may just be one contender since they are rumored to be working on the first ever Windows Phone phablet. The device is said to have a quadcore processor and a full HD 1080p display. While we don’t know much about the device yet, obviously the screen size will be in the neighborhood of between 4.7 to 5 inches.
Other specs are anyone’s guess at this point. Same with the name. It’s too early for those details. We do know that the phablet wars are just beginning.