[1][2][3][4] On April 5, 2021, LG announced it would be shutting down its mobile phone division and ceasing production of all remaining devices.

[5] The Velvet uses an anodized aluminum frame and curved Gorilla Glass on both the front and back, with an IP68 rating for water/dust resistance.

Blue, Red and Pink carrier-exclusive finishes were added later for SK Telecom, KT and LG U+ respectively.

The display uses a curved 6.8 in (170 mm) 1080p P-OLED panel with a 41:18 aspect ratio, with support for LG's DualScreen case accessory.

The front camera uses a 16 MP sensor and is located in a small cutout at the top of the display.