Check out the price of the OnePlus X. The company has also confirmed the launch date. Pictured above: An alleged OnePlus X unit. FCC Via Android Headlines

The OnePlus X launch date has officially been confirmed as Oct. 29 via a teaser shared by the Chinese startup in social media. Now, a reliable Chinese source has revealed the price of the smartphone.

GSM Arena, pointing to the credible tipster Leaksfly’s Weibo account, said that the OnePlus X price has been set at 1,399 yuan, which is about $220.

Meanwhile, folks at GForGames has apparently picked up the key OnePlus X specifications leaked via China’s TENAA listing. Going by the list, the upcoming device will reportedly come with a pocket-friendly 4.99-inch OLED display, aided by 1,920 x 1,080 pixels Full HD screen resolution.

Under the hood, the phone is expected to be powered by a quad-core Snapdragon 801 processor, running at 2.0 GHz and backed by 3 GB of RAM. On the software front, Android 5.1.1 Lollipop OS is expected to run the device, instead of the latest Android 6.0 Marshmallow.

When it comes to camera specification, the OnePlus X will apparently sport a 13-megapixel rear-facing sensor, in addition to a generous 8-megapixel front-facing snapper for selfies and video chats. The device is believed to come equipped with 16 GB of built-in storage capacity and a microSD card slot for further expansion of up to 128 GB.

Speaking of size, the dimension and weight of the device have been tipped as 140 x 69 x 6.9 mm and 138g, respectively. Phone Radar, on the other hand, reported that the handset will house a modest 2,450 mAh battery unit, which is believed to last for a whole day under average usage. Nevertheless, readers are advised to take the reported OnePlus X specifications and price with the proverbial pinch of salt as the tech startup has not confirmed any details so far.

Here is the tweet from OnePlus’ official Twitter account confirming the launch date and place of the OnePlus X, with the hashtag "#PowerfullyBeautiful."