“LG Velvet US Launch...Cheaper Than Expected at $599”

[Asia Economy Reporter Seulgina Cho] LG Electronics' new mid-range smartphone, the LG Velvet, is reported to be sold in the North American market starting at a more affordable price of around $599 than initially expected.

According to IT specialist media PhoneArena on the 21st (local time), the LG Velvet will begin sales in the United States on the 22nd through AT&T. It is also scheduled to be available on T-Mobile and Verizon later this summer. While the device price was initially mentioned to be around $650, it has been confirmed that sales will start at a lower price point of approximately $599.

The LG Velvet is equipped with Qualcomm's latest 5G integrated chip, the Snapdragon 765G, and features 128GB of storage and 6GB of RAM. The 8GB RAM model will not be sold in the U.S. market. The media introduced, "The LG Velvet emphasizes phone design, especially featuring a 6.8-inch OLED screen and a '3D Arc Design' that gently curves the left and right edges of the front display."

The retail price in Korea is 899,800 KRW, which converts to about $735. It was released in Korea last May.

This content was produced with the assistance of AI translation services.