iQOO 5 smartphone was launched on 17th August 2020. The phone comes with a 6.56-inch touchscreen display with a resolution of 1080x2376 pixels and an aspect ratio of 19.8:9. iQOO 5 is powered by a 2.84GHz octa-core Qualcomm Snapdragon 865 processor that features 1 cores clocked at 2.84GHz, 3 cores clocked at 2.42GHz and 4 cores clocked at 1.8GHz. It comes with 8GB of RAM. The iQOO 5 runs Android 10 and is powered by a 4500mAh non-removable battery. The iQOO 5 supports proprietary fast charging.

As far as the cameras are concerned, the iQOO 5 on the rear packs a 50-megapixel primary camera with an f/1.85 aperture; a second 13-megapixel camera with an f/2.2 aperture and a third 13-megapixel camera with an f/2.46 aperture. The rear camera setup has autofocus. It sports a 16-megapixel camera on the front for selfies, with an f/2.4 aperture.

The iQOO 5 runs iQoo UI 1.5 based on Android 10 and packs 128GB of inbuilt storage. The iQOO 5 is a dual-SIM (GSM and GSM) smartphone that accepts Nano-SIM and Nano-SIM cards. The iQOO 5 measures 160.04 x 75.60 x 8.32mm (height x width x thickness) and weighs 197.00 grams. It was launched in Star Trace and Hao Ying colours.

Connectivity options on the iQOO 5 include Wi-Fi 802.11 a/b/g/n/ac/Yes, GPS, Bluetooth v5.10, NFC, USB OTG, USB Type-C, 3G, and 4G. Sensors on the phone include accelerometer, ambient light sensor, compass/ magnetometer, in-display fingerprint sensor, proximity sensor, and fingerprint sensor. The iQOO 5 supports face unlock.