The OnePlus 3T is the best unlocked phone available for less than $500. So what does OnePlus do for an encore? We’re going to find out soon, as the company has confirmed that a new phone is coming this summer.

The OnePlus 5 should offer less bezel and a bigger screen than the 3T. Credit: Sam Rutherford/Tom’s Guide

But what will this next phone look like and how it improve upon the OnePlus 3T? Here’s what we’ve been hearing about the next phone from OnePlus, which will reportedly be called the OnePlus 5.

Latest News and Rumors (May 26)

• A Powerful Processor: Since the first rumors about the OnePlus 5 began circulating, it’s been assumed the device would feature Qualcomm’s top-of-the-line processor. Put this one in the Known Features column: Qualcomm confirmed the OnePlus 5 would feature a Snapdragon 835 mobile processor.
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