Until now, we heard the OnePlus founder only revealing the launch period of the company's OnePlus 2 handset in Q3 of this year. Now according to the latest rumours, the smartphone is said to be officially introduced in July.

The rumours, coming from Chinese website MyDrivers (via Gizmochina), also mention the price tag of the smartphone as CNY 1,999 (roughly Rs. 20,600), which is lower than the CNY 2,499 (roughly Rs. 25,000) price tag CEO Liu Zuohu (aka Pete Lau) tipped last month. However, the smartphone would still be priced more than the current flagship handset. However, if the new rumoured price is anything to go by, OnePlus 2 might prove to be one of the cheapest Snapdragon 810 processor-laden smartphone in the market.

The report also says that another smartphone with more powerful specs can be launched before the end of this year. Both the low price of the handset, alongside a second smartphone being due to be released later this year, goes in line with previous reports that suggested both a top-end flagship and a cheap version will be released this year.

Last month OnePlus One's successor appeared in an alleged Chinese benchmarking website, revealing a bunch of specifications. As per the benchmarks, the smartphone is supposed to feature a Qualcomm Snapdragon 810 processor; 3GB of RAM; full-HD (1080x1920 pixels) display; 5-megapixel front camera, and Adreno 430 GPU.

Contradicting previously leaked specifications, the Chinese benchmark website hinted at a 13-megapixel rear camera on the OnePlus 2, instead of a 16-megapixel camera. Some of the other rumoured specifications of the OnePlus 2 included a 3300mAh battery; 4G LTE; GPS, Bluetooth, Wi-Fi, Micro-USB and OTG connectivity.

Earlier this month the firm also announced that while OnePlus users worldwide would be receiving Android 5.1 Lollipop-based CM 12.1 "soon"; the update for OxygenOS with the same Android build is currently on hold and will be made available for the OnePlus One only after the OnePlus 2 itself is launched.