LG G5 rumors, specs, update: New flagship to take on Samsung's Galaxy S7

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LG is taking on its Korean handset rival the Samsung Galaxy S7 with its latest flagship model, the G5 phone. 

The Korea Times reported that LG will unveil its new handset at this year’s Mobile World Congress in Barcelona, Spain next month. 

The company opted to miss the mobile expo last year to avoid being pitted against Samsung’s latest flagship, but it seems it’s going to be different this time around.

“The unveiling of LG’s new flagship handset was delayed months after the release of the new Samsung flagship handset,” an LG executive said, as quoted by The Korea Times. “But this year will be different. LG Electronics is ready to take on Samsung.” 

An official said that the 5.3-inch handset with a 1440 x 2560 QHD resolution has more enhanced features aside from its new metal body.

“LG’s decision to choose the MWC for its new flagship is also partly due to enhancements of application processors supplied by U.S.-based mobile chip giant Qualcomm, as its two previous versions ? G4 and V10 ? had been forced to use Qualcomm’s less-powerful Snapdragon 808 due to an overheating issue,” he said.

Among LG G5’s interesting new features include a dual-lens 16-megapixel rear camera with a 135-degree wide angle capacity; its front camera remains at eight megapixels.

There have been rumors that the newest flagship will boast a biometric eye scanner feature and a battery that can be charged up to 85 percent within just 35 minutes. For its storage capacity, G5 is rumored to be available in 32 GB, 64 GB and 128 GB.

According to Know Your Mobile, the LG G5 might be released early this year, within February and April, for about $850.

LG has also partnered with Netflix, which just launched its worldwide access very recently. The new phone’s enhanced feature focuses on video streaming, which will contain exclusive content from the online streaming service.