Chinese smartphone manufacturer, OnePlus had earlier been reported to be working on a new version of OnePlus 3, its flagship device. According to earlier reports, the latest variant of the smartphone by OnePlus was speculated to be named as OnePlus 3 Plus or OnePlus 3S. Now in a recent report in Weibo, made by a OnePlus designer, the smartphone may as well be called as OnePlus 3T. However, there has been no official statement by OnePlus about the company manufacturing any new version of the smartphone. The company has said this in the past that it will unveil only one flagship model every year, yet in a report in GizmoChina, it was found that OnePlus is facing a big backlog of OnePlus 3 orders as there is a huge shortage in the supply of AMOLED display panels. In the new report, it said that the latest variant of the smartphone may feature the LCD panel display. Interestingly, OnePlus CEO Carl Pei had tweeted recently that, "OnePlus will be staying with Optic AMOLED displays for the foreseeable future." According to the rumours, the new version of OnePlus 3 will be unveiled by the company in a few weeks. Speculations are rife that the new device might be running on an Oxygen OS based the Android 7.0 Nougat. Apart from that, it is quite possible that OnePlus will replace the Snapdragon 820 with the latest version Snapdragon 821 SoC. In June 2016, the flagship device OnePlus 3 was launched in India through Amazon, at a price tag of Rs 27,999. The smartphone has a quad-core Snapdragon processor along with an Adreno 530 GPU. It has 6GB RAM and 64 GB storage. Also read | 5 things to expect from OnePlus 3 smartphone launch The OnePlus 3T is likely to sport similar design language found in the OnePlus 3, especially, the all-metal chassis. It is hailed as the refreshed OnePlus 3 before the launch of the highly anticipated OpnePlus 4.