LG G7 is on schedule and will be announced "when the time is right"18
LG's CEO confirmed early this year at CES (Consumers Electronics Show) 2018 that the G7 development will start from scratch, which is the main reason the smartphone won't be announced next month.
However, LG recently told Android Central that the G7 is right on track for release and that more information on when it will be announced will be revealed “when the time is right.”
V series handset in fall. It remains to be seen whether or not the naming of the G series will be changed, but that should be LG's least concerns.Delayed or not, it seems that LG is still committed to the two flagships per year cycle since we can't think of a reason not to release another
source: Android Central