LG Electronics will release its new flagship smartphone Velvet on May 15 in the Korean market only, the company announced Tuesday.

Nicknamed the “water droplet phone,” the LG Velvet marks a design departure for the firm. The triple camera module on the rear, including the 48 million-pixel lens, has been designed to resemble water droplets.

The new device also features a 6.8-inch organic light-emitting diode display trademarked as FullVision with a 20.5:9 aspect ratio, Qualcomm’s latest Snapdragon 765 5G chipset and a 4,300 milliampere-hour battery.

The Snapdragon 765 5G is known as the first Qualcomm mobile AP that is integrated with a 5G modem, which uses up less space inside the device.

The LG Velvet will offer a secondary screen and a stylus pen to go up against Samsung’s foldable devices and phablet Galaxy Note phones.

LG hasn’t yet confirmed its plan to launch the Velvet overseas.

By Song Su-hyun (song@heraldcorp.com)