The OnePlus 5 is the company's next smartphone

Yes, OnePlus will release a smartphone this year.

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In a move that will shock no one, OnePlus is planning to release a new smartphone this year. What might take you by surprise, however, is the name: OnePlus 5. According to The Verge, OnePlus skipped the number four because it's considered unlucky in China (it's pronounced similar to "death" and "decease"). Also, employees really like former NBA player Robert Horry, who wore a number five jersey. Not that it really matters -- the OnePlus 3T was released last November, so this is technically the fifth OnePlus flagship. Little is known about the device, although a handful of rumors have pointed to a dual-camera setup and a 3,600 mAh battery.

The OnePlus 3 and 3T were both excellent phones at the time of their release (the 3T is still a good choice if your budget is around $450.) The company has made a name for itself releasing handsets with close-to-flagship performance, but at a price-point far below their competition. If you can't afford a $700 phone, a OnePlus is often your best bet. How the company hopes to differentiate in 2017 is, for now, a mystery. It might not be long before we know what the company has in store, however -- The Verge reports that the OnePlus 5 will be arriving "this summer."

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