OnePlus One
OnePlus One completed its one year cycle last month.OnePlus

OnePlus co-founder Carl Pei has cleared the air over the company's next flagship.

The sequel to OnePlus One will be known as OnePlus 2, with a numeral but not in word, "Two", said Carl Pei in an interview with Ausdroid during Google's annual I/O conference.

He reaffirmed the third quarter launch of the new smartphone, but did not say whether it will be in July or September.

Like the OnePlus One, the company would follow a low-budget strategy for the OnePlus 2.

In terms of software, the company is reportedly aware of users' preference for a "stock" Android experience, which the company would bring with the OxygenOS for the Western markets; for the Eastern markets it will be the HydrogenOS.

Carl added that the OxygenOS will integrate more features when the OnePlus 2 launches in Q3.

On the OnePlus One invite system, which the company removed last month, while making the phone directly available for purchase, Car said: "In our first year, we were very risk averse, we didn't know how many people would buy the phones. We only manufactured a very small amount of phones, but this year we are a lot more confident."

But the invite system, which seemed to have helped the company in maintaining control over sales, will return in a new form.

"So even though we're going out and rolling out with invites in the beginning, there's going to be a lot more invites to go around. Which I think the user experience will be a lot better," Carl said.

On the popularity of the company's first flagship, Carl said: "Internally we're super anxious actually about how we'll do with OnePlus 2, because when we started this company, we thought this phone would only do 50,000-100,000 phones, we ended up doing almost a million."

As regards the "Time to Change" teaser on Twitter, Carl said: "It's not a new device."

Meanwhile, a disclosure suggests the company will announce a global price cut for the OnePlus One on 1 June.