OnePlus 3 invite
The OnePlus 3 invite for the launch event in China Weibo

OnePlus has confirmed the launch and release dates of its upcoming flagship, the OnePlus 3. While the VR launch will take place on 14 June at 5:30pm London Time (12:30pm EDT), a conference launch will take place on 15 June in China at 10 am Beijing time.

Disclosing details of the launch, a company official had earlier also hinted the date to be 14 June, adding that it would be a VR launch. The company's so-founder Carl Pei had also long before indicated that the device would be launched sometime in June but the exact dates were not known.

For the launch this time, the Chinese smartphone maker has some unique offerings. Unlike previous years no invite is needed to get hold of a OnePlus 3. However, those who grab the OnePlus Loop VR headset on the company's website will be the first in line to order the device.

In addition, for all those enthusiastic smartphone reviewers and mobile developers, OnePlus kicked off its Peer Review Program for which anyone can register and the model will ship to chosen ones between 13 and 20 June.

As far as the specs of the device are concerned, the latest TENAA listing revealed that the OnePlus 3 will be available in 4GB and 6GB RAM options. This is in line with reports so far that the device will come in two options of 32GB model holding a RAM of 4GB, and the 64GB model holding 6GB of RAM.

According to speculation, the base model of 32GB internal storage capacity will be priced at CN¥2,067($314, £217) and the high-end model holding a 64GB ROM will sell for $384.

Both models will feature a 5.5-inch 1080p display panel powered by a Snapdragon 820 chip-set, a 16-megapixel camera on the rear side and an 8-megapixel front shooter. They are expected to run Android 6.0.1 Marshmallow based Hydrogen OS 2.0 or Oxygen OS 3.0 but some reports claim they may even run on the preview build of Android N based on Oxygen OS 3.1.