Earlier last week, LG teased the design of its upcoming smartphone along with official sketches of what it will look like. The company confirmed the name of this smartphone over the weekend. And as you may already tell from the title, the new smartphone has been coined LG Velvet.

LG Velvet is being speculated to be the replacement for the company’s long-running G-series. You must have heard that LG is reluctant to use the exorbitant Snapdragon 865 chipset in G-series phones. It may swap out the flagship chipset for a now popular mid-range 5G-enabled chipset, the Snapdragon 765G. This will enable LG Velvet to not only bring a premium design but the latest technology to its users as well.