OnePlus has taken the wraps off its "2016 flagship killer" phone. The 64GB OnePlus 2, due to launch for invited customers in the U.S., the European Union and India on Aug. 11, will retail for $389, with a 16GB model launching later for $329.

For that, customers will get a phone with a fingerprint scanner that OnePlus claims is faster than the iPhone, a USB type-C reversible connector, two nano-SIM card slots, and a silent switch with three positions: ringer off, ringer on, and ringer for top priority contacts.

OnePlus, a Chinese smartphone manufacturer headquartered in Shenzhen, burst onto the smartphone scene with the OnePlus One in April 2013. It was notable for shipping with Cyanogen OS preinstalled, a variant of the CyanogenMod modification for Android systems.

The phone surpassed expectations, selling almost one million phones in 2014. The company only expected to sell up to 50,000 devices. OnePlus' second phone, the OnePlus 2, switches from Cyanogen OS to OxygenOS, a OnePlus-developed variant of Android 5.1.

In terms of specs the OnePlus 2 packs a 5.5" 1080p IPS LCD display, a Qualcomm Snapdragon 810 v2.1 processor, 4GB LPDDR4 RAM (3GB in the 16GB device) a 13 megapixel camera, and a 3300mAh battery. The specifications vary from the previously leaked specs on the Oppomart site.

“From day one, we’ve prioritized our product and our community above all else - we carefully listened to our users’ feedback and incorporated suggestions in building the OnePlus 2.” said OnePlus Founder and CEO Pete Lau. “We chose premium materials, the highest performing components and forward thinking technology to make this an unparalleled user experience.”

The camera packs optical image stabilization and laser focusing. On the video side, the camera supports both 4K video and slow-motion mode. On the front of the phone, a 5-megapixel camera will sharpen up selfies with a "distortion free" feature.

Powered by OxygenOS, the system provides "the best of the pure Android experience" while adding some extra features on top like gestures. With OxygenOS gesture support, drawing an "O" on the screen will open the camera, while drawing "II" with two fingers will pause the current song.

“With the OnePlus 2, we're making a bet on the future, and doubling down on a holistic product experience,” said OnePlus Co-founder Carl Pei. “We're excited for what our fans have to say.”