LG G5 news: Specs rumored to include 8-core Snapdragon 820, iris scanner

LG G4, the currently available modelLG website

LG has been able to keep up in the smart phone race, competing against the iPhone and Samsung Galaxy with its LG G3 and LG G4 devices. The upcoming LG G5 is expected to hit the market sometime this November or December, according to Know Your Mobile, and it is reportedly going to have a few surprising features.

The most shocking feature that the phone is rumored to have is its upgraded security system. Instead of going for the more traditional finger print scanner, the LG G5 is reportedly going to use a high-tech iris scanner. The report states that the system will be able to properly scan and identify a user's eyes up to a distance of 50 centimeters or 19.6 inches.

However, LG has yet to confirm or deny this rumor and at this point the eye scanner feature should still be treated as such. If the LG G5 does not come with a built-in eye scanner, it is likely to still utilize the more common fingerprint scanner.

According to the report, the phone will also boast a very powerful 8-core Qualcomm Snapdragon 820 processor and either 4 GB or 6 GB of RAM. It is also set to release in three different variations based on storage size -- 32 GB, 64 GB and 128 GB -- and all three will  have the option to expand the phone's storage via micro-SD cards.

It is also rumored to utilize a 5.6-inch True HD IPS display with full 4k resolution support. To make good use of its ultra HD display capabilities the LG G5 will reportedly feature an impressive 20-MP rear camera, a big step up from the LG G4's 16-MP camera, and a 10-MP front camera.

As with most high-end smart phones, it will feature full 4G/LTE connection availability and will also come with a powerful 4,000mAh battery that will support the phone's massive use of energy. To ensure the phone can charge quickly, it will also feature the Qualcomm Quick Charge 3.0 Technology, which will allow it to charge up to 85 per cent in 35 minutes.