HTC's next flagship smartphone is making the rounds for many reasons.

The company is planning to change the naming pattern for its flagship with its next one. Traditionally, HTC might have called its next flagship One M10, but a new report from GSM Dome (via Mobile-Dad) suggests HTC O2 will be the official name instead.

The Chinese publication also revealed some interesting details about the upcoming device. The handset is expected to feature a 6-inch Quad HD resolution display with 490ppi. The rumoured HTC O2 will sport thinner bezels with traditional BoomSound stereo speakers in the front, in line with previous HTC One smartphones. Sealed chassis will protect the phone from dust and water.

In addition, HTC will pick up Qualcomm's latest Snapdragon 820 chipset to power the next flagship and back it up with 4GB RAM. The handset will come in two storage variants, 64GB and 128GB.

On the camera front, HTC will pack a 20.7-megapixel rear-facing camera and a 5MP front shooter. Rumours indicate the handset to pack a 3,500mAh battery.

There is no concrete evidence when the handset will be released. IBTimes had reported the HTC O2 is likely to be launced in October.

In addition, HTC is expected to release another variant of the flagship early next year. The handset will get a trimmed down display, measuring 5 inches and use a processor much advanced than the Snapdragon 820. HTC is yet to confirm the existence of the two devices, but we can expect to hear from the Taiwanese tech company soon if it is planning a launch in October.