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OnePlus 3 release date and specs rumors: Complete charging on OnePlus 3 can be done in just 15 minutes?

One Plus 2 | Wikimedia Commons|Didit Putra

Fans of OnePlus 3 are already on their heels as the latest flagship model's release is getting nearer and significant details coming from various sources keep on hitting the online media.

Latest report coming from the Chinese entrepreneur and business executive, Pete Lau, have leaked the smartphone's pricing information and details about the camera feature of the upcoming device.

According to a report by Gizmo China, the device will be sold with a price of 1,999 Yuan or approximately $310. The price is obviously cheaper than its predecessor, which came out with a $329 price tag.

Dubbed as the "flagship killer," OnePlus 2 did not quite live up to the expectation and fans are hoping that the company has improved the features and specifications of the latest iteration. Critics are saying that the company is certainly gunning for redemption on this new model.

Meanwhile, OnePlus 3 is said to come in the market in two variants. The first one is said to running on a Snapdragon 820 CPU from Qualcomm, along with its 4 GB of RAM. It will also have an internal storage capacity of 32 GB.

On the other hand, the premium version of OnePlus 3 will also be powered by Qualcomm Snapdragon 820 chipset; however, it will run along with 6 GB of RAM for maximum usage. According to the source, the device will also be carrying a 64 GB internal storage capacity. Although it is obvious that the premium device will be more expensive than the other model, there is no word yet from the company as to how much is the pricing difference will be.

Both devices will be carrying a 5.5-inch screen with full 1080 x 1920p full HD display. They are also going to have the Adreno 530 GPU under the hood to take care of the graphics quality output.

There are also reports suggesting that the device will have a fast charging feature that allows the phone to complete charging in just 15 minutes.