South Korean Electronics maker LG has just released their flagship G4 earlier this year, however, rumors of the next models came almost at once. According to Tech Times, the LG G5 and LG G5 Pro will be released by November and fans will be happy to know that the latest models may pack a Snapdragon 820 chipset.

Meanwhile, Christian Post reported that the LG G5 will come hand in hand with a larger display and stronger configuration in the form of the LG G5 Pro, complete with a 1.8 GHz hexa-core Snapdragon 820 SoC.

However, the rumors have not been made official yet they did indicate that the LG G5 is sizeable, but not big enough to be considered a phablet. It is rumored to come with a 5.6-inch True HD Display resolution with 4K sharpness.

The device is also said to come with two cameras: a 20MP main camera that will allow 4K videos to be shot while the front-facing camera for selfies is a force to be reckoned with at 10MP. The front snapper is also said to come with an Iris Scanner, which serves as extra security for the smartphone.

As it is with today's flagship phones, the LG G5 will also support GPS, 4G LTE, Wi-Fi, Bluetooth and NFC, although there are rumors that involve Touch ID-like technology embedded in the device, as well as cool new technology such as light, gravity and proximity sensors.

Memory-wise, the LG G5 will come with 3GB or 4GB or RAM with three variants of storage space to choose from: 32GB, 64GB and 128GB.

With this much power and tech, it is expected that the LG G5 will sport a powerful source as well. With that in mind, rumors say that the new flagship will come with a cool 4,000 mAh battery, at least, as reported by Ecumenical News.

Considering the high-end specs associated with the new models, the LG G5 will come with a hefty price. Tech Times pegged the devices to come at around $900 especially considering the technology it is equipped with and it is likely that the high price is pretty close to accurate.

However, LG has not released official statements regarding the new models, which means that despite fans' enthusiasm about their release, all rumors should not be taken as actual news, but rather, as probable specs and features until the company releases actual statements regarding the phone. Do the rumors make you excited to see what's next for the LG line of smartphones, though?