The LG G6 smartphone — the successor of LG G5 — is expected to be introduced this month, and rumors pertaining to the handset have gathered momentum.

The LG G6 will be $50 more expensive than its predecessor due to the improvements, according to the latest buzz.

The LG G6 is also expected to be priced differently in other markets based on the specifications or features offered. The higher price point for the LG G6 will obviously be for its top-end features.

What Are These Specifications?

LG has reportedly decided to alter the specifications of the handset based on the market the device will be released in. For example, the wireless charging coil will be carried by the LG G6's international variants and not the South Korean model.

The Magnetic Secure Transmission (MST), however, will only be made available for LG G6 smartphones that will release in South Korea. This move from LG is due to the fact that MST-led payments are not popular in other parts of the world.

According to rumors, the LG G6 will be IP68 certified which means that the smartphone will be able to withstand being submerged in up to five feet of water for nearly 30 minutes. This feature will be welcomed by consumers as the modular LG G5 was not water resistant.

Speculations are rife that the LG G6 will sport a 5.7-inch LCD display with a resolution of 2,880 x 1,440 pixels. The upcoming smartphone will apparently have the aspect ratio 2:1. Thanks to this ratio, the smartphone's bezel will reduce to 0.08 inch on both the top and bottom.

The smartphone is also expected to feature 32-bit DAC audio support. Reportedly, the wireless charging support will only be available for the European variant of the LG G6. The device will also offer support for a dual camera and will include a fingerprint scanner, which is positioned at the rear of the handset.

Price Increase: Is It Justified?

With so many enhanced features, the price of the LG G6 is said to be around the $770 mark, which makes the next-gen smartphone $50 more than the LG G5.

According to an analyst, the higher price of the LG G6 is quite acceptable because of its premium features. Moreover, the fact that both Apple and Samsung will likely be increasing the price point for the rumored iPhone 8 and Galaxy S8, respectively, justifies LG's supposed decision to increase the flagship LG G6's pricing.

The company is expected to unveil the LG G6 at its press event on Feb. 26, the smartphone is expected to be made available in home country South Korea in March.

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