Update, July 27:. Original story follows.
OnePlus has a shortly. After spending much of the last week , the company has posted an IGTV video on its dedicated Instagram page confirming the name OnePlus Nord and reiterating that its starting price will be under $500.
"Nord will be our first product below $500 in recent years," CEO Pete Lau says in the first of a self-published "OnePlus documentary" series showing off the development of the phone. "For OnePlus and the whole team, it's a massive challenge."
Expected to be announced on July 10, the new OnePlus is expected to run on a Qualcomm Snapdragon 765G processor and feature a 6.55-inch AMOLED display with a 90Hz refresh rate and in-screen optical fingerprint sensor. Support for 5G, either 6GB or 12GB of RAM and multiple rear cameras anchored by a 64-megapixel main shooter are also rumored. A report last week suggested that the a 32-megapixel main lens and an 8-megapixel wide-angle lens.