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LG Velvet is yet to be launched next month an before that, LG Velvet specifications have been revealed by the South Korea tech giant. The company has said that the phone will have a 6.8-inch full-HD+ OLED display. LG Velvet will be powered by Qualcomm Snapdragon 765G SoC with 5G support. LG announced last Thursday that the phone will be launched in an online event at 10am (6:30 AM IST) on May 7.