Update 1 (07/01/2020 @ 03:50 AM ET): OnePlus has confirmed that the OnePlus Nord comes with the Qualcomm Snapdragon 765G SoC. Scroll to the bottom for more information.

OnePlus recently confirmed that its upcoming affordable smartphone series, which was previously referred to as the OnePlus 8 Lite and later rumored to be the OnePlus Z, will be called OnePlus Nord. However, the company has still not released any official information about its specifications. While previous leaks about the device have given us a good look at its design and camera hardware, rumors about its internal specifications have been contradictory so far. At first, rumors suggested that the OnePlus Nord would be powered by the MediaTek Dimensity 1000 chipset. However, we later learned that it might feature Qualcomm's Snapdragon 765 SoC. But now we can finally confirm that the OnePlus Nord will be powered by a 5G-enabled Qualcomm Snapdragon SoC.

According to a recent tweet from Qualcomm EU's official Twitter handle, the upcoming OnePlus Nord will be powered by a "Snapdragon 5G chipset". While the company hasn't confirmed exactly which chipset will make an appearance on the OnePlus Nord it could be the Snapdragon 765G, if previous rumors are to be believed. We have already seen mention of the Qualcomm Snapdragon 765G in a survey from OnePlus which asked users whether they would be willing to purchase a smartphone from OnePlus with the processor, a 64MP triple camera setup, a 4,300mAh battery with 30W fast charging, and a 90Hz refresh rate display at ₹24,990. But we currently don't have any confirmation if the upcoming device will offer these specifications. The OnePlus Nord is expected to launch in India and Europe on July 10th. OnePlus has confirmed that the device will be priced under $500.

Update: OnePlus Nord will come with the Qualcomm Snapdragon 765G SoC

In an interview with TechRadar, OnePlus co-founder Mr. Carl Pei has confirmed that the OnePlus Nord will come be powered by the Qualcomm Snapdragon 765G SoC. This is in line with the previous survey from OnePlus, corroborating some of its information.