It's being speculated that OnePlus has been working on a newer and faster version of the OnePlus 3. According to the leaks, it is believed that the new phone will be powered by a Snapdragon 821 processor and will be called the OnePlus 3T. 

This news has been circulating for weeks now and it has been reaffirmed as OnePlus just filed for a new device with the A3010 model number with the China Compulsory Certificate Mark. A OnePlus designer has also confirmed these claims on the Chinese Version of Twitter, Weibo, as reported by several news outlets. 

The OnePlus3 is already a fast phone with 6BG of Ram and we already rated it as one of the best Android phones out there The Snapdragon 821 processor can be clocked at 2.4 GHz and faster than the current iteration. The phone is expected to have  similar specs to its sibling but will sport an LCD panel as the company wants to focus on improving their Optic AMOLED Technology.