For now, there is no evidence that OnePlus is working on a new phone though there are speculations regarding the same. Several rumors says that OnePlus might skip the OnePlus 5T in favour of the OnePlus 6 because there's nothing much for a T version to upgrade.
The OnePlus One launched in April 2014. The OnePlus 5T, if it is indeed real, will look more like the Galaxy S8 than the iPhone 7.
Only days after a questionable report claimed there will be no OnePlus 5T this year to follow up the OnePlus 5, a new leak argues the contrary. OnePlus 3T was the slightly upgraded version of OnePlus 3 with the same design and nearly same specs.
The leaked image from Gizmo China shows that the upgraded phone will come with a 6-inch display with a screen ratio of 18:9 as we can see with the trend of newer smartphones this year. Not only are the two renders almost identical, the reported 5T image is shown with OPPO's software, not OxygenOS. That would certainly make sense, as 2016's OnePlus 3T was also unveiled in November.
The OnePlus 5 was revealed to the population last June, around a large portion of a year after the OnePlus 3T was discharged. The smartphone is expected to offer a large, 6-inch display with an aspect ratio of 18:9 and minimal bezels on all its sides. However, the go-to chipset from Qualcomm in 2017 has been the Snapdragon 835, which has powered just about every major flagship released in the USA this year. But let's be honest - do we even need a processor with more power than the Snapdragon 835 right now? To recall, the OnePlus 5 drew comparisons with the Oppo R11 when it was announced, so there is a history of the duo sharing similar designs.
In any case, the more likely explanation behind this circumstance is that OnePlus is intending to discharge their next lead soon, either toward the finish of this current year or ahead of schedule one year from now. Do share your thoughts in the comments down below.