The HTC One release date has officially been pushed back to March 29.

Image courtesy of 9to5 GoogleHTC M7 Leaked Photo

Focus Taiwan is reporting that the delay is due to a production issue the company is having with ultrapixel camera components. HTC is also having problems with the voice coil motor, according to an earlier report.

The smartphone maker now plans to ship just 1 million units of the HTC One in the next two months due to the shortage. HTC might also push the actual release date back in order to have the right supply ready for that day and meet the demand without any unsatisfied customers.

The company gave the public a first look at the One, which comes with top-of-the-line specs and new exclusive HTC features such a Blinkfeed, HTC Zoe, and BoomSound last month.

"People today immerse themselves in a constant stream of updates, news and information. Although smartphones are one of the main ways we stay in touch with the people and information we care about, conventional designs have failed to keep pace with how people are actually using them," said Peter Chou, CEO of HTC Corp.

The new HTC One does a better job to stay up to date with the way people use smartphones, according to Chou.

Specifications for the HTC One include a 1.7GHz quad-core Qualcomm Snapdragon 600 processor, 2GB RAM, a 2300 mAh battery, NFC, Bluetooth 4.0, LTE and some major improvements made to the camera specs. The smartphone will be available in both 32GB and 64GB versions and will come in silver and black variants.

It also comes with an 8-megapixel "Ultrapixels" camera that brings major improvements to low-light performance and optical image stabilization. The shooter provides "enhanced 360" panorama, time sequencing, and object removal along with an ultra-wide angle front-facing camera with 1080p capture.