LG is set to unveil its first smartphone to run on a 5G network at this year's World Mobile Congress, which kicks off in Barcelona, Spain next week.

The V50 ThinQ, which comes with an attachable dual-display screen, will be unveiled at a press sneak peek on Feb. 24, a day before the week-long expo begins.

"5G will most likely be a major buzzword [at this year's expo]," said Kwon Bong-suk, who is in charge of LG's home appliance and mobile communications business, at a press event in Seoul last week. "The 5G-enabled phone boasts a high-speed connection along with a long battery life by minimizing the battery drain, which also keeps it from overheating," he claimed.