OnePlus
A OnePlus One handset shows the company's motto: "Never Settle." The successor OnePlus 2 will be released Wednesday. OnePlus

The OnePlus team has confirmed plans to release of the next iteration of its flagship smartphone. Recently, the company confirmed via a blog post that the OnePlus 2 will be powered by the v2.1 version of the Qualcomm Snapdragon 810 processor. Plus, the team mentioned that the overheating problems pertaining to the notorious S810 processor have been addressed.

In a new blog post, the company said the OnePlus 2, with an octa-core Snapdragon 810 SoC, is clocked at 1.8 GHz -- and this is specifically to maintain a cooler temperature. The company also acknowledged that the new S810 chip is approximately 60 percent more expensive than the Qualcomm Snapdragon 801 chip, seen in the predecessor OnePlus One. Therefore, the OnePlus 2 will not be priced as low as the OnePlus One. The blog post says the price will "certainly be higher than $322."

The OnePlus One was priced at $299 during the release. Although the OnePlus 2 will be priced higher, it will still be relatively affordable when compared to other high-end devices from various original equipment manufacturers (OEMs), says Phone Arena.

Meanwhile, the OnePlus team is apparently upset at all the faulty rumors pertaining to the OnePlus 2. An image, showcasing the OnePlus team along with a "hidden OnePlus 2" at the center, has been made public by the company. Sadly, the device is camouflaged as the team says, “You're looking at a heavily photoshopped OnePlus 2 in this photo.” Interested readers can check out the image from Facebook or OnePlus.

The OnePlus 2 release date is reportedly set for next month. As for rumored OnePlus 2 specifications, Phone Arena says the upcoming device will reportedly flaunt a 5.5-inch display and 1,080 x 1,920 pixels screen resolution. Under the hood, the Snapdragon 810 chipset will be complemented by 3 GB of RAM. The device also will house a 13 MP rear-facing unit. Readers should note that the Chinese tech company has not yet confirmed the rumored OnePlus 2 specifications.