OnePlus to Release its Third Handset This Year?

Rumors have emerged OnePlus is getting ready to release not just one, but two smartphones for 2015 to add to its existing OnePlus One.

With the OnePlus Two reportedly due for release in the summer, speculations are running rife OnePlus may have another handset up its sleeve that's ready for unveiling, as well.

The OnePlus Two is one of the most anticipated devices from the Chinese smartphone manufacturer, which intends to release its new flagship handset this June. However, there is talk arising another smartphone variation of the OnePlus Two will also be released.

The flagship's rumored specs are touting a 5.5-inch display housed in a metal casing, Qualcomm Snapdragon 810 SoC processor running an OxygenOS-based Android 5.0 Lollipop, 4GB RAM, and 64GB expandable storage. The OnePlus Two will also contain a 3,300mAh battery and a 16MP rear camera. Recent reports have also suggest a fingerprint scanner will be included in its features.

With the specs lined up, pricing will play an important role in the success of the new handset, and while OnePlus has already gained a reputation of pricing its products reasonably enough so as not to burn a hole in consumers' pockets, the OnePlus Two is likely to be significantly pricier compared to its predecessor.

Based on the premise of a higher price, OnePlus is reported to have prepared a more affordable variation of the flagship to give buyers the option of purchasing the budget version of the OnePlus Two if the price is too steep for them.

According to Bloomberg, in a recent visit to the company's headquarters in Shenzhen, their reporter, who interviewed OnePlus senior executives, including the CEO, Peter Chou, submitted video coverage which is said to show footage of a second phone alongside the OnePlus Two.

The cheaper model of the flagship is reported to have a release date scheduled by the end of 2015.