The OnePlus 15 will be among the first phones to be powered by this year's top Android mobile chipset, the Snapdragon 8 Elite Gen 5, which was revealed at the company's Snapdragon Summit on Wednesday.

The company revealed the OnePlus 15 on Thursday. The new phone follows the OnePlus 13 and OnePlus 13R, which were released earlier this year.

"For more than a decade, OnePlus and Qualcomm Technologies have moved in lock-step to redefine what a flagship can be," said Pete Lau, founder of OnePlus. "With Snapdragon 8 Elite Gen 5 at its core, OnePlus 15 carries that legacy forward-delivering the speed, intelligence and efficiency our users demand today and into the future."

Along with the Snapdragon processor, the phone is set to be a photography and gaming powerhouse, taking advantage of OnePlus's DetailMax Engine and always-on 120 frames per second gameplay, along with up to 165Hz display refresh rate for select games. 

In the US, the OnePlus 15 will be the first model after OnePlus and Hasselblad ended their 5-year partnership. There are still lots we don't know about the OnePlus 15, including how the company might take advantage of the new Snapdragon chip features. But this marks a new chapter for the company.

Update on Sept. 25: An earlier version of the story had unconfirmed details about the phone.