It has been revealed today that Ex Oppo Vice President Pete Lau has created a new phone brand named OnePlus which hopes to launch next generations smartphones running CyanogenMod OS.

Pete Lau, the man who brought CyanogenMod to Oppo devices, has revealed that he is creating a new phone brand to rival Google’s Nexus devices. The new company named OnePlus aims to bring high-end hardware to high-end design at reasonable pricing.

OnePlus will replace physical stores with online shopping options to keep costs of the phone low, while allowing customers around the world to get their hands on this dream phone.

Details of the first OnePlus device are sketchy but it is believed to ship with CyanogenMod out of the box and according to Chinese news sites may go on sale as early as May 2014!