Although they weren’t met without criticism, last year’s OnePlus 3 and 3T were two of the best Android phones of 2016 – not just because of their solid spec sheets or sleek and sexy hardware, but also because OnePlus has always found it important to make their phones more affordable than the competition.

But what happens when OnePlus makes a really nice phone and increases the price tag? We’re about to find out.

The OnePlus 5 has officially been unveiled, sporting a dual-camera setup, top-of-the-line specs, and an all-new design. Here’s what you need to know about OnePlus’ latest flagship.

OnePlus 5 specifications

If you’ve been following the rumors and leaks as of late, you’re probably already aware of the OnePlus 5’s under-the-hood specs. Even so, feel free to take a gander at the official spec sheet below:

OnePlus 5 Display 5.5-inch AMOLED

1920 x 1080 resolution

401 ppi

16:9 aspect ratio

2.5D Corning Gorilla Glass 5 Processor 2.45 GHz octa-core Qualcomm Snapdragon 835 mobile platform GPU Adreno 540 RAM 6/8 GB

LPDDR4 Storage 64/128 GB

UFS 2.1 2-lane MicroSD No Cameras Rear camera

Main: 16 MP Sony IMX 398 sensor, 1.12 μm, ƒ/1.7 aperture, EIS, dual LED flash

Telephoto: 20 MP Sony IMX 350 sensor, 1.0 μm, ƒ/2.6 aperture



Front: 16 MP Sony IMX 371 sensor, 1.0 μm, ƒ/2.0 aperture, EIS Battery 3,300 mAh

Non-removable

Dash Charge (5V 4A) Water resistant No Material Anodized aluminum Ports USB Type-C (USB 2.0)

3.5 mm headphone jack Connectivity Wi-Fi: 802.11 a/b/g/n/ac, 2.4/5 GHz, 2x2 MIMO

Bluetooth 5.0, supports aptX & aptX HD

NFC

GPS, GLONASS, BeiDou Sensors Fingerprint

Hall

Accelerometer

Gyroscope

Proximity

Ambient light

Electronic compass

Sensor hub Audio Bottom-facing speaker

3 microphones with noise cancellation

Supports AANC

Dirac HD Sound Network LTE:

Supports 3xCA, 64QAM & 256QAM

Supports up to DL CAT 12 (600 Mbps) / UL CAT 13 (150 Mbps) depending on carrier support



Bands:

FDD LTE: Bands 1/2/3/4/5/7/8/12/17/18/19/20/25/26/28/29/30/66

TDD-LTE: Bands 38/39/40/41

TD-SCDMA: Bands 34/39

UMTS (WCDMA): Bands 1/2/4/5/8

CDMA: BC0

GSM: 850/900/1800/1900 MHz SIM Nano

Dual-SIM Software Android 7.1.1 Nougat

OxygenOS Dimensions and weight 154.2 x 74.1 x 7.25 mm

153 g Colors Midnight Black, Slate Gray

It's clear that OnePlus is sticking to what works and changing the things that don't

It’s clear that OnePlus is sticking to what works and changing the things that don’t. For starters, the OnePlus 5 has the same display specs as the 3T, with the new device sporting a 5.5-inch 1080p AMOLED display covered in Gorilla Glass 5 with a standard 16:9 aspect ratio. Those hoping for a Quad HD screen will have to wait yet another year, it seems.

One of the biggest arguments for having a Full HD screen is the extra bump in battery life. The OnePlus 5 actually has a slightly smaller battery this time around – a 3,300 mAh unit, to be exact – compared to the 3T’s 3,400 mAh cell. That small decrease in battery capacity is likely due to the phone’s size – the OnePlus 5 is the company’s thinnest flagship to date, measuring just 7.25 mm thin.

OnePlus has always opted for the most top-of-the-line processor out there for its flagships, and the OnePlus 5 is no different

OnePlus has always opted for the most top-of-the-line processor out there for its flagships, and the OnePlus 5 is no different. The new device is powered by Qualcomm’s Snapdragon 835 mobile platform and backed by the Adreno 540 GPU, which should allow this device to handle anything you throw at it. In terms of memory, you have two options: a model with 6 GB of RAM and 64 GB of storage or a higher-end version with a massive 8 GB of RAM and 128 GB of storage.

Perhaps the biggest change to the spec sheet this time around is the camera setup. The OnePlus 5 has a dual camera setup on the back, with one 16 MP sensor with an ƒ/1.7 aperture, and another 20 MP telephoto lens with an ƒ/2.6 aperture. OnePlus says this is the highest resolution dual-camera system on any smartphone. And because there are now two cameras on the back, that allows for the phone to capture those fancy bokeh (or portrait) shots.

About the only sore spot on the spec sheet is, yet again, the lack of water resistance. More and more flagship smartphones, such as the Galaxy S8, LG G6, and HTC U11, are touting their IP67/68 water resistance ratings, it seems OnePlus is convinced that this isn’t an important feature.

OnePlus is still not convinced water resistance is an important feature

On the software front, the OnePlus 5 is running OxygenOS based on the latest version of Android, 7.1.1 Nougat. As is the case with other OxygenOS-powered phones, you can expect plenty of customization options here, coupled with a minimalist software approach overall.

OnePlus included a few new software features on the 5, including a Reading Mode that uses gray-scale mapping and the blue light filter to provide a reading experience similar to what you’d find on an e-reader. Other OxygenOS features include an automatic Night Mode, expanded screenshots, gaming do not disturb mode, and more.

OnePlus 5 pricing and availability

Unfortunately you’re going to have to pay a little more for those top-of-the-line specs, though. The Slate Gray model with 6 GB of RAM and 64 GB of storage will cost USD 479 / EUR 499, while the Midnight Black model with 8 GB of RAM and 128 GB of storage will sell for USD 539 / EUR 559. A full pricing breakdown can be found below:

6 GB of RAM / 64 GB of storage 8 GB of RAM / 128 GB of storage USD 479 539 EUR 499 559 GBP 449 499 CAD 649 719 DKK 3,799 4,299 SEK 4,995 5,495 HKD 3,688 4,188

Related: OnePlus’ new Referral Program will help you save some dough on the OnePlus 5

If those prices sound okay to you, OnePlus is holding an early drop sale on oneplus.net immediately following the keynote today, June 20. If you’re interested, you can head to this link, enter the code Clearer Photos, then complete the checkout process. You’ll also be able to purchase a OnePlus 5 at one-day pop-up stores in New York today and in London, Berlin, Paris, Amsterdam, Helsinki, and Copenhagen tomorrow, June 21.

For everyone else, open sales of the OnePlus 5 begin Tuesday, June 27. See below for the list of countries where you’ll be able to buy the device:

North America: United States, Canada

Europe: Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, United Kingdom

Asia: Mainland China, Hong Kong, India

So now that you’ve seen what the OnePlus 5 has to offer, will this be your next smartphone? Why or why not? Sound off in the comments!