LG’s much-awaited G5 smart phone will be unveiled earlier than expected at the MWC (Mobile World Congress) 2016 immediately after the K Series mobile phones debuted at the 2016 CES in Las Vegas. The company has neither accepted nor denied the widely-speculated release date and specifications.

There are many rumours floating around with regards to the features and specifications of this mobile. Pocket Lint indicates that the smartphone will have a premium full metal uni-body design. A source that claims to have seen the G5 said the design has “taken a major step forward”.

It has also been leaked that G5 will have a 5.6-inch QHD display and several other unique features. For instance, industry watchers are hoping that LG will implement the eyeball scanner technology for security authentication into the G5 smartphones. According to Pocket Lint, LG is still developing the technology called Irience. The algorithm is still being worked on, but the hardware is ready and able to recognise an individual iris up to 50cm away.

The iris security feature is expected to be compatible with banking apps. It is also considered to be superior to fingerprint recognition. In addition, LG is also believed to be working on their own Mobile Payment getaway, which should be effective by 2016. However, G5 will have a smaller battery than G4— 2800mAh, but will boast of a more efficient chip and Android 6.0 OS.

That is not all VentureBeat suggests that the phone will have a fingerprint scanner similar to one found on Nexus 5X. The LG G5 will have a dual camera set with auto focus and digital image stabilization; while the main camera will be a 16 MP (Mega Pixels), the rear camera is expected to be 8 MP. In terms of pricing, the phone will come at the price of US$399 (approx. AU$547) off-contract or will range between US$800 (approx. AU$1096) and US$900 (approx. AU$1233) on-contract.