LG launches new smartphone to counter rival Samsung

South Korea's handset maker LG on Sunday unveiled its first modular smartphone, the G5, in Barcelona in a bid to counter competition from its major rival Samsung. The new premium model -- made using different components that can be independently upgraded or replaced -- comes with a removable battery and accessories such as virtual reality headset and a sound system developed by Danish firm Bang & Olufsen. LG is banking on its G5 to counter competition from fellow South Korean Samsung, the wo