Ready for the HTC One Two? Ok, so HTC will probably come up with a better name for the follow-up to its flagship One smartphone, but regardless of what it ends up being called, the device is apparently getting close to launch.

A source speaking to Bloomberg says that HTC is currently targeting a late March launch for the successor to the One, its Android-powered smartphone that debuted in Feb. 2013. The tipster suggests that the device will sport a display that measures "at least 5 inches" in size but smaller than the 5.9-inch display found on the HTC One max, as well as a "later Snapdragon processor" from Qualcomm. The overall design of the new One is expected to be largely similar to the current model.

Perhaps one of the biggest changes from the One to the new One will be found on its backside. It's said that HTC's upcoming flagship will feature an upgraded UltraPixel rear camera with two sensors that will offer better depth of field, focus and image quality when snapping photos.

The One has proven to be a pretty big hit for HTC, and so it's no surprise to hear that the Taiwanese firm is planning to introduce an updated model one year after the flagship originally debuted. While nothing is official until Peter Chou and Co. says it is, most of the upgrades named by today's report are fairly predictable, including the bump up to a new processor that's beefier than the Snapdragon 600 chip found in the OG One.

The most intriguing part about this leak is the claim that the device will sport twin camera sensors on its backside. HTC obviously has an interest in smartphone cameras and using them as a way to differentiate its products, as evidenced by its UltraPixel camera and Zoe software. It'll be interesting to see how the twin sensors of the new One's camera perform and how the new UltraPixel shooter stacks up to the likes of the iPhone 5s, Nokia's recent Lumias and other popular smartphone cameras.

What do you make of today's HTC One Two leak? Does this sound like it could be your next phone?

Via The Verge, Bloomberg