Aside from HTC’s All New One, there is a new One in gadget town. Meet the OnePlus One. The One is OnePlus’ first smartphone offering that runs CyanogenMod straight from the factory  as we described earlier.
OnePlus is a new startup led by ex-Oppo executive Pete Lau. He left Oppo to start a new Shenzhen-based company that according to him would build the ‘perfect phone’. Of course, that’s ambitious but now that it’s here, we’ll know what the One smartphone is all about. I just hope people don’t confuse this with the new HTC One M8 .
The One phone is finally announced and it’s expected to rival the Nexus  phone.
OnePlus One is packed with the following: 5.5-inch full HD JDI-made display screen, quad-core 2.5GHz Krait 400 CPU, Qualcomm Snapdragon 801 (8974AC) platform, 3GB LPDDR3 RAM, 401ppi pixel density, JBL fine tuning, dual stereo speakers, a 13 megapixel Sony IMX214 Sensor, 6 Lenses and f/2.0 Aperture.
The OnePlus One costs $299 for the entry-level 16GB model. There’s also the $64GB version which is more expensive at $349. Phone is based >on Android 4.4 KitKat but runs CyanogenMod 11S– the first of its kind.
We don’t know when exactly the phone will be available but expect a mid to late May arrival.
[via Engadget ]