A rumor yesterday claimed that OnePlus has started working on the OnePlus X2 which it’s going to release in the coming months. The original OnePlus X was launched in 2015 and there hasn’t been a successor to that device yet and it seems that there won’t be one anytime soon. OnePlus CEO Carl Pei has termed rumors of the OnePlus X2 release as “fake news.”

The rumor claimed that OnePlus is going to reboot its OnePlus X series with the OnePlus X2. The handset was believed to be powered by Qualcomm’s Snapdragno 835 processor with 4GB of RAM and up to 64GB of onboard storage. It was also said to feature a 5.5 inch display, an 8 megapixel rear and 16 megapixel front camera, Face Unlock, Dash Charge, and a 3,000mAh battery.

The handset was supposedly going to bring all of this at a price point of around $250 which seemed too good to be true. Now, the company’s CEO has set the record straight and confirmed that this device is not in the pipeline.

OnePlus CEO Carl Pei was quick to confirm on Twitter that there’s no truth to these rumors. He also shared his distaste for fake news, which is precisely what he has branded this rumor.

While many would have been wishing for OnePlus to take another stab at the affordable segment of the market, it seems like the company has no plans of doing that at this point in time.

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