Chinese vendor OnePlus has done it again and produced a powerful smartphone at a bargain price.

The company unveiled its second-generation Android phone, the OnePlus 2, on Tuesday. It comes with all the cutting-edge specs you’d expect from a flagship handset, but starts at only $329 when bought without a contract — about half the cost of an iPhone 6.

More than a year ago, the Chinese vendor made waves using the same strategy with its first phone, which earned rave reviews. The device sold in China, but also in the U.S., where OnePlus has gained a loyal following.

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