Lenovo
Lenovo posted a better-than-expected profit for the third quarter Wednesday helped by deep cost cuts at the company. Pictured: Lenovo Chairman and Chief Executive Officer Yang Yuanqing speaks during a news conference. Reuters/Bobby Yip

Lenovo is expected to launch a slew of impressive devices at the IFA 2015 event, scheduled for next week in Berlin. Out of the bunch, the "Lenovo Vibe P1" is expected to be a stand-out smartphone in every aspect.

Lenovo started selling entry-level, mid-range plastic clad smartphones. However, it went on to create handsets made of metal and in the process, started gaining attention across the globe, Phone Arena reported.

The company's the one-of-a-kind layered metal clad Lenovo Vibe X2 garnered recognition, followed by the metallic Vibe Shot. But now, another metal marvel in the form of the Lenovo Vibe P1 is getting ready for release.

The device will reportedly come packed with a powerful 5,000 mAh battery unit, a large 5.5-inch display and FHD screen resolution. Speaking of design, the handset is apparently made of magnesium alloy, GForGames reported.

Under the hood, the Vibe P1 will be powered by a 64-bit octa-core (Qualcomm Snapdragon 615) processor. In addition, it is also believed to be backed by 3 GB of RAM. On the software end, Android 5.1 Lollipop is expected to run the show.

When it comes to memory specification, this smartphone will come equipped with 16 GB of native storage space and microSD card slot for further expansion. Apart from the standard connectivity options, the Vibe P1 will also support 4G LTE and dual-SIM.

Furthermore, the handset will sport a 13-megapixel rear-facing camera unit, in addition to a 5-megapixel front-facing snapper for selfies. The handset is also likely to flaunt a fingerprint scanner. Moving on to the Lenovo Vibe P1 price, the handset will reportedly cost nearly $310.