The LG V20 was highly popular last year especially as it was one of the first smartphones to run Android 7.0 Nougat. In the aim of strengthening its pack in the smartphone race, recent reports have it that LG plans to launch the LG V30 this August.

The LG V30 will use OLED displays, which should result in some seriously superb visual performance. " Like other V-series devices," according to a source, "the V30 will offer a second display, but rumors pin that display as being one that slides out from under the standard display to offer functions just like a keyboard, contextual-buttons, search results, and more."

LG V30 is said to come and powered by Qualcomm's Snapdragon 835 CPU to be backed up with a 6GB of RAM. However, considering that the device will come in three storage variants, LG may also release 4GB variant as well. Like all the LG V series variants, LG V 30 is tipped to feature a second screen on the front. On the back, there will be dual cameras.

As Google already confirmed at Google I/O in May this year, the upcoming LG flagship smartphone will be daydream-ready when it comes out later this year, which means it can take advantage of the top-end mobile VR experience. Moreover, the LG V30 will be equipped with the V-Series-specific acoustic DNA but with an upgraded performance and keeping the power on is a 3200mAh battery.

In terms of software, the LG V30 is expected to be one of the first smartphones in 2017 to run Android's yet unreleased Android O. Notably, last year's LG V20 was the first to run Android 7.0 Nougat. Reports suggest that the LG V30 will cost over $700.