As promised, the LG Velvet smartphone is launching this month in South Korea. It goes up for pre-order May 8 for about $735 and should be available a week later.

That’s not exactly cheap, but it makes the phone more affordable than many recent flagships — but the LG Velvet has a mix of mid-range and high-end features.

It has an attractive new design and support for a Wacom stylus, LG’s optional Dual Screen case accessory, a 6.8 inch OLED display and 8GB of RAM. But it also has a Qualcomm Snapdragon 765G processor rather than an 800-series chip.

Here’s a run-down of the phone’s key specs:

  • 6.8 inch, 2460 x 1080 pixel P-OLED display with 20.5:9 aspect ratio
  • Qualcomm Snapdragon 765G processor
  • 8GB RAM
  • 128GB UFS 2.1 storage + microSD card reader (up to 2TB)
  • 48MP primary + 8MP ultra-wide + 5MP depth cameras
  • 16MP front camera
  • 4,3000 mAh battery
  • Qi wireless charging
  • IP68 water resistance
  • Headphone jack

The phone supports 5G connectivity and also features Bluetooth 5.0 and NFC support. The three cameras on the back of the phone are lined up in a row and offer support for time lapse photography, ASMR-mode recording, and “voice out-of-focus” noise reduction to help improve vocals during a video recording session.

There’s no word on if or when the phone will be available outside of South Korea.

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