The latest gen. flagship from the company, HTC One M9 failed to taste ever a small part of the success of its predecessor One M8. The company's profit have slumped for the past two quarters - in fact they reported consecutive loss in the last two quarter.
Furthermore their stock price had plunged to a new low at the Taiwan Stock market. So it's high time for the company to revamp their flagship model.
In fact HTC seems to working on the prospects of a new flagship device for the past few week. HTC CEO Cher Wang was so embarrassed during the recent stockholder's meeting that she announced that HTC would announce a new redesigned flagship model. She further added that HTC would be producing a "Hero" phone - a top of the shelf, high-end.
A more recent report suggest that the alleged, the device will be dubbed the HTC O2. The flagship will be powered by Samsung's 14nm FinFET produced, Snapdragon 820 SoC chipset. It is reported that the chipset will have four custom ARM based Hydra cores developed by Qualcomm - so no Cortex cores here.
No official word is available about the specification of late, but an insider leak hint that the Snapdragon 820 will bring faster performance and improved battery life.
Nevertheless it seems like HTC will carry on with its metal build of the One M series.
HTC device is expected to be launched not before next year though, considering the fact that the SD820 is supposed to hit the commercial market by March, 2015.