OnePlus One smartphone will soon be replaced by its successor handset called OnePlus Two. The Chinese manufacturer has confirmed the handset will hit the market by third quarter of 2015. Online shopping site Coolicool has revealed OnePlus Two pricing along with its specifications.

The online resller from Shenzhen, China has listed the OnePlus Two specifications. The handset is listed with a US price of $551.59 and it has been marked as "out of stock". According to Coolicool, the OnePlus Two features a 5.5-inch displays screen. The handset runs on the Snapdragon 805 SoC, which includes a quad-core processor and it comes with a 32 GB inbuilt storage.

OnePlus Two comes with a rear camera of 16 megapixel and there is a front-facing camera of 5 megapixels. The handset will be equipped with a massive 3300 mAh battery. The other features of the device include microUSB, aGPS, NFC, Bluetooth and LTE. According to Techone3, in September, the Chinese manufacturer had confirmed the OnePlus Two will come preloaded with Android 5.0 Lollipop OS. The information revealed by Coolicool has not been officially confirmed by OnePlus.

The OnePlus One features a 5.5-inch full HD display screen supporting 401 ppi. It is equipped with dual mono speakers and is available in two inbuilt storage variants of 16 GB and 64 GB. The handset is powered by Snapdragon 801 chipset which features a Krait 4000 quad-core processor gunning at 2.5 GHz along with Adreno 330 graphics. OnePlus One handset has a 13 MP main camera enabled with dual LED flash and the frontal camera is of 5 MP. It houses a huge battery of 3100 mAh capacity, but its standby time and talk time are not mentioned yet.

GSMArena states that India is one of the vital markets for OnePlus Two smartphone, which is expected to be available by the third quarter of the coming year. The 64 GB OnePlus One smartphone was recently released in India with a price tag of INR 21,999 which equates to US$355. The handset rolled out for Indian market features CyanogenMod 11S and in February 2015, it is expected to receive a custom ROM based on Android Lollipop OS.

Apart from China, the OnePlus One smartphone is avaialble in 17 countries which includes the U.S., Sweden, Denmark, Netherlands, the U.K, Spain, Germany, France, Italy, Finland, Belgium, Austria, Canada, Hong Kong, Taiwan, Portugal and India. OnePlus Two smartphone will probably hit these markets when it arrives in 2015.