LG talked about launching a successor to the V10 during its earnings release last week, and the company has now officially announced the V20. The phone will be making its debut in the month of September, and will offer Android 7.0 Nougat out of the box.

The timeline adds further credence to an August stable release of Nougat. The fifth and final preview build rolled out mid-July, and the leak of an internal testing build points to an official unveil sometime later this month. A new Android platform version means new Nexus devices, with the rumors suggesting that HTC will be the go-to partner this year. We should know more about HTC's plans in the coming weeks.

LG didn't divulge any specific hardware details, but has mentioned that the V20 will "set the standard for premium phones" with its "enhanced multimedia capabilities." The V10 offered a 32-bit DAC, and it is likely that its successor will include dedicated hardware for Hi-Fi audio.

LG V20: Imagining a next-gen, 'phablet-class' LG phone