The LG G4 features 5.5 inches Quantum IPS display, Snapdragon 808 chip, 16 MP camera, 3,000 mAh battery and multiple leather back cover options. LG

Some of the rumored features of the forthcoming LG G5, which will replace the LG G4 in 2016 have surfaced online, revealing what the device could offer when it hits store shelves next year.

According to G for Games that cites unnamed sources, the LG G5 will arrive with Qualcomm's Snapdragon 820 chipset onboard. The LG G4 that released in April this year was heavily pegged to come with Snapdragon 810 chipset. However, because of the thermal overheating problems of the SD 810 chip, LG decided to power the LG G4 with Snapdragon 808.

The LG G5 is also expected to feature an upgrade camera of 20-megapixel with a customized Sony sensor that is ½-inch wide. It means that Sony will be exclusively manufacturing the camera sensor for the South Korean company. The 16-megapixel Sony IMX234 camera sensor on the LG G5 is expected to shoot photos with good color reproduction, Phone Arena reported. It is also capable of shooting topnotch photos in low-lighting conditions.

Therefore, the camera on the LG G5 is also expected to deliver impressive performance through features like optical image stabilization and laser autofocus. The upcoming LG Nexus 5X is the first smartphone from the South Korean tech company to feature a fingerprint sensor. However, rumors suggest that the LG G5 will not be featuring a fingerprint scanner but it will come with an iris scanner.

G for Games further reported that the South Korean tech giant would release its premium smartphone, probably the LG G5 in the first half of next year. LG is also speculated to release the LG G Flex 3 by the start of 2016.