OnePlus One will have 3GB of RAM and a 2.5GHz Snapdragon 801 processor - and a very good price

Phone Arena:

OnePlus is planning to release its One in various markets around the world - hopefully not long after announcing it. The smartphone will be sold unlocked for less than $400 (or €350 in Europe). It will run a customized variant of CyanogenMod 11, also offering a 5.5-inch 1080p display, a 13MP rear camera made by Sony, and a 3,100 mAh battery.

The OnePlus One phablet sounds very interesting. Especially the price if it will have the rumored high build quality too. It will be interesting to see if it will be available to buy easily here in Europe.