It looks like LG's first 5G phone will be the V50 ThinQ and it'll be announced alongside the LG G8 at Mobile World Congress

We've long expected that, while there will be 5G phones announced soon, that they will actually launch much later in the year. What we didn't know was whether they'd simply be another variant of the same phone (so a second version of phones like the LG G8 and Galaxy S10) or whether they'd have be differentiated by a different name. 

It seems in LG's case, it's chosen to announce a separate device in the form of the V50 ThinQ and launch two handsets at its MWC event on Sunday 24 February. 

Both upcoming phones are expected to be based on the Qualcomm Snapdragon 855, but the V50 ThinQ will include the optional X50 5G modem.

According to the same leak that gave us the V50 ThinQ name, the phone will have a 6-inch display and will also launch in North America and Europe in March starting at 1.3 million wan (£890/$1,163 USD), which does seem very early for a 5G handset in these markets. 

We already knew that an upcoming LG 5G phone would have a 4000mAh battery and a liquid-cooling chamber to rapidly remove heat from the key components - early prototype 5G handsets have apparently been running very hot; we don't know how big an issue this will be with shipping devices and the inevitable impact on battery life.