LG looks set to announce its new G5 flagship Android smartphone at Mobile World Congress in Barcelona in February. The Korean company has sent out invitation to the press to a event taking place on 21 February, a day before MWC kicks off.

Samsung is also expected to hold a media event in the same city on the same day, where the Galaxy S7 is very likely to be announced. Following Samsung's lead, LG sees Mobile World as the perfect opportunity to reveal its latest and greatest in front of the mobile industry - but doesn't fancy hogging all of the limelight at an entirely separate event, as it did in London with the G3 and G4 (reviews here and here).

The invitation, sent out on 12 January, is a 'save the date', with precious little information other than the message "Play Begins" written across an image of a green Jack In The Box. Let's hope this means we will see plenty of surprises from LG in Barcelona.

Starting at 2pm local time (1pm GMT), it is likely that LG's event will; take place just hours before Samsung's, giving journalists a busy start to what will be an exciting week for smartphones, tablets, smartwatches and wearables.

But what do we know about the LG G5? So far, it has been rumoured to feature a 5.2in screen with a QHD resolution – that means 1440 x 2560 – and it will be powered by a new Snapdragon 820 processor with 3GB of RAM and 32GB of storage. We aren't sure yet if this storage will be upgradeable via a MicroSD card slot, but we hope it will. We also hope to see an improved camera and Android 6.0 Marshmallow installed from day one.

IBTimes UK will be on the ground in Barcelona, reporting the news and giving our hands-on first impressions of the latest gadgets to be announced.