LG has a slew of handsets earmarked for release in 2016. This includes the flagship LG G5, flexible display and body clad LG G Flex 3 and a possible LG V10 successor.

Now, according to a new report, during the first half of 2016, the “G Series” will be introduced, whereas the second half will see the announcement of the “V series.”

Based on the update made to the South Korean portal Daum, LG will not announce the successor to G Flex 2 at the CES 2016 event, which is scheduled for January 2016. In comparison, the current-generation G Flex 2 was introduced in January this year, while the device hit the store shelves in the following month. Tech portals are now speculating that LG might ditch the G Flex project altogether.

Moving on to the flagship LG G5, the handset will reportedly be unveiled sometime in April 2016. In comparison, the LG G4 was announced in April 2015, whereas the predecessor LG G3 debuted in May 2014. Following the pattern, there’s a good possibility that the G5 will be introduced in April next year.

As far as the rumored LG G5 specifications go, Phone Arena said that the device will reportedly flaunt a metallic chassis, unlike the predecessor. It is believed to carry a 5.6-inch display with a Quad HD screen resolution on board. Under the hood, the handset will come powered by Qualcomm's Snapdragon 820 chipset and Adreno 530 GPU bundle.

Other key G5 features include a phenomenal 21-megapixel primary camera, in addition to an 8-megapixel front-facing snapper for selfies. Also, recently, we reported that the flagship has been rumored to come with an “iris recognition technology” developed by IRIENCE, instead of a fingerprint scanner.

On the other hand, the successor of the well-received LG V10 with the unique “secondary ticker display” on board will apparently be released in the second half of next year, the same South Korean source reported.

In any case, readers should note that LG has not confirmed the reported release details or specs thus far.